Hey traders!
Right before the end of this trading week, I caught a very evil losing trade.
Prices spiked up during the overnight and continued trending higher after the opening bell. After a break and retest of the uptrend prices sold off and retraced almost everything that was gained during the uptrend. Some nice trading opportunities and unfortunately a loser for me. How would you rate this trade? What did I miss that kept me away from taking it?
Hope you had a good trading week and I wish you a great weekend!