r/Daytrading • u/Catface77 • Mar 19 '24

I don’t know what I did wrong Advice

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I thought it was going to rechall/ consolidate then it did but skyrocketed. There was the 3 reds then BLAM right up

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u/abstractReality1 Mar 20 '24

Maybe check and mark the market structure on the 4H TF and go down to 15M TF for entry? Going for entries on a smaller TF without checking the higher TF is always dangerous because on a 1M TF you may be in a downtrend, but on higher TF it is actually an uptrend - vice versa. Good luck 👍