This week has been difficult. It must be 6 losses in a row. I had decided to revert back to my previous strategy, so I was expecting this.
Charts were in line, and I took a trade based on 1hr resistance. I made a mistake here, I need to zone back to the daily chart for support and resistance.
After trade analysis
The trade bounced 4 times at my entry point before a brake out. The stop was correct, and it saved me from bigger loss.
