From bear to bull

Since the bulls have shown strength and have sliced through the resistance like butter I am now long 10 x

註釋

I should have followed the higher timeframes and the break was not prominent enough. This is a losing trade how stupid.

註釋

We got a prominent break on the hourly timeframe (taking out the previous wicks) and I got in on another trade. I got a bit too eager and got in on the 15 min timeframe but we should be good. Remember that the smeller timeframes get rekt by the bigger ones.

註釋

I got in at 23749

註釋

I have now moved my stop loss according to the 15 min higher low.

註釋

Remember that this is a higly manipulated market and you have to go from bear to bull or vice versa real quick

註釋

We are now seeing that the sellers are getting exhausted at the 5 min timeframe and that there is a change for the bulls now

註釋

I meant that the smaller timeframes get rekt by the bigger ones*

註釋

But I am still looking at them (trying to get the perfect timing)

註釋

I meant chance* sorry for the autocorrects

註釋

Now we are looking to get a nice 4 hourly close. Then the bulls could really get into play

註釋

I have now made the trade risk free

註釋

The trade was risk free so I dont care, but we are now seeing a loss in momentum for the buyers on the hourly

註釋

I am now taking a break from trading for a while to study trading more and papertrade. Earlier I had made a good ammount of money but on my latest trades it has went to shit.

註釋

It looks like the hourly is getting rekt by the 4 hourly and prices could easily reverse back down to the earlier known short position.

Madmantrades