#5 - Price Action 4H - 1H - 30

H: Identify trend following of 4H
- Buy when uptrend
- Sell when downtrend
- Wait if sideway

1H: Observing the price action at the key level (breakout, retest, false break)

30M: Finding the best entry for perfect Risk/Reward ratio

Kommentar:

4H is down trend

Kommentar:

1H, price is retesting key level or maybe the important key level

Kommentar:

30m is strong bearish

Kommentar:

Open 15m to looking up a good entry

Kommentar:

5m, pinbar appears, waiting for marubozu

Kommentar:

Hmm, still not good entry, keep waiting

Kommentar:

Price breaks out for down trend, looking for a retracement to sell

Trade ist aktiv:

Trade geschlossen: Stop wurde erreicht:

Well, SL just reaches. I put it too low. I should put it little bit higher.