USDCHF long trade on 15/5/23
Pre-Analysis
Entry
- Entry time 5:00pm
- Risk 0.25%
Post Analysis
- Lost trade
- Timing was off. Sign of strength was there but no confirmation or price/market still not ready to rise.
- Be patient. The sign of strength (3) in pre-analysis chart indicate it should be test with shakeout or test, then wait for those indicator to a arrive in the chart.
- Should wait for confirmation and this lost can be avoided.
- Price after trade stop out.
