Its been awhile.
Here is just my perspective. Not a Financial advice.
BUY ENTRY between 1861 to 1865
Confluence 1: D1 bullish pin bar candle stick
Confluence 2: Divergence on H4 timeframe
Confluence 3: Not yet fully confirmed
a short buy
First TP: 1885 to 1889
Second TP: 1910 to 1916
SL: 1842
Here is just my perspective. Not a Financial advice.
BUY ENTRY between 1861 to 1865
Confluence 1: D1 bullish pin bar candle stick
Confluence 2: Divergence on H4 timeframe
Confluence 3: Not yet fully confirmed
a short buy
First TP: 1885 to 1889
Second TP: 1910 to 1916
SL: 1842
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So, why dud this fail? the major reason i believe for its failure is because the divergence was not at a support area which was important to serve as third confluence. Lesson learnt