I should have stated that if we had gotten a breakout retest and continuation taking out the last high the go long. Also i have now realized that there was in fact a counter trend line (C.T.L) present and in addition price action (P.A) has manged to break out retest and continuation taking out the previous low a short trade would be valid.
Nota
Even thought this is a loss lesson learnt always trade what you see and not what you think.
Nota
What i should have done is draw the pennant and allow the breakout retest and continuation the take place in whichever way.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.