GJ had approached a key supply zone and closed on a massive rejection bearish engulfing candle @190.600 zone.
I waited for retracment to the 190.500 zone and to also see Break of structure to the downside on the smaller timeframes(5mins) which I saw around 9.30 GBP session (UK time).
Upon seeing this entered Sells @190.500 with sl@190.77 (Risking 27 pips).
TP1: 190.05 TP2:189.85 TP3: 189.55 TP4: 189.05. TP5: 188.500
* Where has the market moved since I entered my trade? Near Entry
* If I looked at the market now, would I take the same trade? Yes
* How do I feel about my trade? Optimistic
* What do I like about this trade ? Multiple confluences
* What do I dis-like about this trade now? Choppy taking time for this to move
* On a scale of 1 to 10, where would I rate this Trade now? 7/10
* If I were not in a trade now, would I take the opposite trade ? No
I waited for retracment to the 190.500 zone and to also see Break of structure to the downside on the smaller timeframes(5mins) which I saw around 9.30 GBP session (UK time).
Upon seeing this entered Sells @190.500 with sl@190.77 (Risking 27 pips).
TP1: 190.05 TP2:189.85 TP3: 189.55 TP4: 189.05. TP5: 188.500
* Where has the market moved since I entered my trade? Near Entry
* If I looked at the market now, would I take the same trade? Yes
* How do I feel about my trade? Optimistic
* What do I like about this trade ? Multiple confluences
* What do I dis-like about this trade now? Choppy taking time for this to move
* On a scale of 1 to 10, where would I rate this Trade now? 7/10
* If I were not in a trade now, would I take the opposite trade ? No