TheRumpledOne wrote:I am making the ASSUMPTION, you went LONG.
It's easy to see AFTER the fact the you bought at/near DYNAMIC RESISTANCE!
But then again, you could have seen that by looking at how close the price was to the red dot.
Also, look at how far the price had moved up from DYNAMIC SUPPORT... about 60 pips... buyers got tired.
On the 5 minute chart, same thing.
Sorry the picture is not that great but this is a short trade...The price bounced right off of the bottom of the buy zone for reversal.