CADCHF long trade on 11/11/24
Pre Analysis:
- Trade based on H4 timeframe. But I need to be very careful as price at the top of range referring to daily chart
- H4 chart
- Strength meter
- Exit plan: try to ride this trade until price ranging in H4 timeframe.
Entry:
- Entry time 4:02pm
- Immediate strength meter
Post Analysis:
- Scratch this trade, reason: feel very valnarable as I mess up with entry. As price turn back I feel worried that this trade may not work.
- Should entry around price 0.63049 this gave me confident to hold on.
- Little bit late in entry as I am occupied with my son's therapy activities. Very difficult to handle 2 works at the same time.
- Trade may work but price keep turn back towards entry point. This may influence my decision.
