Time of entry: 12:40pm
Reasons for entry:
- Downtrend
- 1h resistance
- 61.8 fib lining up with 1h res
Lessons learned:
- 1h resistance I should have waited for a close as it wasn't a 4h res
- Look up the timeframes before taking a trade, from looking at it price needed to pullback further for a proper correction it especially wasn't gunna tank further on a Friday with hardly any volume
Reasons for entry:
- Downtrend
- 1h resistance
- 61.8 fib lining up with 1h res
Lessons learned:
- 1h resistance I should have waited for a close as it wasn't a 4h res
- Look up the timeframes before taking a trade, from looking at it price needed to pullback further for a proper correction it especially wasn't gunna tank further on a Friday with hardly any volume