I bought this when the large bullish bar appeared. It was as triangle breakout.
The price was also being carried by the 20EMA so I figured this has a good chance of working out.
It would have a good 1.5x RRR too. 20 pips stop and a 30 pip TP
But - I set the size too large. Result, I got scared and cancelled the trade only to watch it zoom up.
Quite a lesson I got got taught today.
I just wanted to document this so I get reminded constantly and so I don't make the same mistake next time.
The price was also being carried by the 20EMA so I figured this has a good chance of working out.
It would have a good 1.5x RRR too. 20 pips stop and a 30 pip TP
But - I set the size too large. Result, I got scared and cancelled the trade only to watch it zoom up.
Quite a lesson I got got taught today.
I just wanted to document this so I get reminded constantly and so I don't make the same mistake next time.