Bad trade setup!! XAUUSD 07March2022
1. Asian session had made a high (resistance formed).
2. waited for the candle to close above the 30min resistance
3. Once closed above, I entered longs with SL below the current 30min wick low.
4. Price moved 15pips and with the start of new 30min candle the price retrace to the entry price.
5. closed 50% and the rest was taken down with SL.
2. waited for the candle to close above the 30min resistance
3. Once closed above, I entered longs with SL below the current 30min wick low.
4. Price moved 15pips and with the start of new 30min candle the price retrace to the entry price.
5. closed 50% and the rest was taken down with SL.
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