Trade:
Entry: 16314
Stop: 16240
Target: 16560
Trade reasons:
@ Confluence of:
- Monthly pivot 16314
- 200 sma 4H
- 50% retracement of previous swing
Stop is below 200sma 4H channel low
Entry: 16314
Stop: 16240
Target: 16560
Trade reasons:
@ Confluence of:
- Monthly pivot 16314
- 200 sma 4H
- 50% retracement of previous swing
Stop is below 200sma 4H channel low
Trading success is not going to be entering winning trades, but how you exit your losing trades.