6 Nov 2024

5 Nov 2024: EURNZD

 EURNZD long trade on 5/11/24

Pre-Analysis:-

- Daily chart


- H4 timeframe, that was the time I thought V formation formed.

- State of market that time was an upward channel, and price somewhere near the bottom channel.


Entry:-

- Entry time 9:02am (Asia session)


- Immediate strength meter



Post Analysis:-

- V formation was not there, or at least not a clear cut V formation.

- Never enter a trade without V formation.

- Mistake again, stop this blunder or you will lost your account. This is your last account, make it please.