Update Tradingweek 15-01/20-01

2023년 1월 21일

Hey guys,

Im back with another tradingjournal of mine.
This one will be based on the 4hr chart. As we can see, there was a clear bullish trending market, where we had breakouts followed by retests to the previous zone. The trend reversed immediately at the $11600, because there is hidden supply overthere. If u watch closely, the price literally broke out of the EMA and turned around on 16/01/2023. That should ve been a clear indication for the retest to the EMA. The price even bounced off of the EMA and continued the trend again.

I actually was hella busy this week, and could not really capitalize on these market dynamics. I was able to place 4 trades, where one hit my SL, one was Breakeven and two of them were wins, but all in all, it was also a pretty blessed week.

I currently also have one trade running with a floating profit, so when the pre market opens on Sunday, we will bank on a small profit.

With all said, i still am full on bullish like i was, based on the marketstructure, but also mindful of constant market dynamics.