Yes its a proper engulfing
9n the weekly the entire bullish candle engulf so have to be careful
I'm still bullish above but this weekly candle is very dangerous
⚫Trading Psychology
Handling losing trades can be approached in two ways:
1) Emotionally, where you might take it personally and feel like the market is targeting you.
2) Strategically, where you acknowledge that the market operates based on probabilities, and today simply wasn't in your favor.
It's crucial to journal your trades and analyse the data objectively. Ask yourself: Could you have minimised the loss? Was there a chance to breakeven? Could some trades have been avoided altogether? Reflect on the signs that indicated staying out of a trade would have been wise. Remember, learning from mistakes is essential for improvement. #forex #trading #education
I don't mind it dropping
Cause better buy levels
But the PA not showing much selling pressure longterm
Gold has been playing alot at that area, I dont think gold will go back to that zone. Just my opinion 😊
Читать полностью…It possible to make deep retrace to $1930;i agree but have to break $1980/96 first and I think that area gonna hold
Читать полностью…EURAUD 4H TF ANALYSIS
The expansion was on the bullish run while the retracement was on the bearish
We found the last break of market structure to the upside
Which price came to the discount poi and now pushed up,
Break the last recent supply causing a change of character
Now we have an inducement and a good poi below
We wait for price to clear it and create our entry pattern then we go all the way up to the external liquidity
💙💙💙
no questions about @ChrisFx_wd ... so you claim you are the boss of fundamentals? now come on talk about COT data, or why gold failed to make a bullish seasonality in january last month... that makes more sense than you always pushing your predictions with overconfidence without anything to show for it... please bro, I can't resist your jokes this time 😂🤣🤣
Читать полностью…Thats true
I like $2037/44 area
The NEWS most times make long wicks below zones to take out sl
But its bullish can also just go up
Nice idea 💡