Reply To: Trades ending week 20/01/2023

#55445
FractalFreak
Participant

Hi,

that NU trade was not a good setup.

Cons:
– trading a reversal against an expanding red squeeze line (meaning that more and more shorties are entering the market)
– no proper DM switch
– no good targets below
– fake resistance level above price (which then got taken)

Just because the price touched the upper band, one should not have traded here.

Anyways, you live and you learn Tim.

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