EURAUD long trade on 18/4/22 based on BBMA trade.
Pre-Analysis:-
- There was a signal for price to continue go up.
- Waiting for retest that failed to breach MA & Mid BB.
Entry:-
Post Analysis:-
- Trade closed with loss.
- Loss has been reduced a little bit, as I moved stop a little higher.
- One element was missing, I did not check whether 4 hour chart has same retest at MA.
- The rules are: 1 hour chart retest that failed to breach MA & Mid BB, 4 hour chart it need to touch MA (retest MA).
- I did not follow this rules, I broke the rules.
- Below is trade that follow both rules and it can give me huge profit.
