INTC Short 5M Aggressive CounterTrend Day Trade

23 Sep

Aggressive CounterTrend Trade
- long impulse
+ biggest volume T1
+ resistance level
+ biggest volume 2Ut+
+ weak approach
- no test

Calculated affordable virtual stop loss
1 to 2 R/R take profit

1H CounterTrend
"- long impulse
+ T1 level
+ resistance level
+ 1/2 correction?"

1D CounterTrend
";- long impulse
+ expanding CREEK / TE
+ exhaustion volume
- too high
+ correction to 1/2"

1M Trend
"+ short impulse
+ T2 level
+ resistance level
+ 1/2 correction"

1Y CounterTrend
"- long impulse
+ correction
- 1/2 of impulse
- biggest volume"

23 Sep

Trade aktif

Moved my limit order to $29.91 to break even.

Didn't go my direction and, yes, it's short, not long.