My bias was Bullish moving into this Session since price broke above my Resistance Level and Consolidation. FOMO struck me when I initially got to the charts and my emotions caused me to get into a short position, going against my bias. I fortunately cut the short position for less than half my risk on it. Patience always pays and shortly after getting out of my short we had a strong 30m close near the 30m Highs. Now this isn't exactly the go-to 1)30m High formed 2) 30m pullback 3)Bullish 30m support formed 4) Entry. However just like the "Go-To" setup, when price closes around the highs as it did on the 30m and we are in momentum like this it is still a highly probable continuation setup. So I took the risk and it payed off.
The money from the fed as aid is catching up to the markets?
The money from the fed as aid is catching up to the markets?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.