I bought at 5:43 at 1328.80 on a false Relative True Range and short signal in 133tk chart only to get stopped out at a lower low at 1327.30
I shorted 1329.30 at 6:31 expecting no 3rd retest of S1 from below and put my stop 0.1pt above S1 (1331.10) . I set up an alert for 1330.90 and stopped myself out despite price not reaching S1 and that was my mistake. I should of stuck with my original stop since the previous down move was retraced almost completely hinting that the next down move to (ALMOST) S1 would also retrace most of the next move as well.
I have to pay more attention to these subtle nuances in price action and signal cycles.
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