MostBlissfulBull.Trades

 Or is price creating a spring in the M1 schematic to go long?..

 Price broke resistance to retest M1 OB DOWN before trending down.

 Price broke resistance structure twice to continue trending downwards...

 Two full size M1 schematics created by fundamentals moving short followed by strong impulse move up. This lead to the formation of a 15 pip schematic before price trended downwards 270 pips.

Entering a schematic when it is about to trend off a M1 OB DOWN which is retested clearly and with momentum could be viewed as a final entry indication confirmed by the 7 candle rule.

 Remember to keep an eye on fundamental moves that result as an expansion out of a consolidation, They may be forming a range boundary informing where the possible symmetrical boundary may be formed.

  Developed idea of having a hard stop and a soft stop level to assist with flexible and dynamic decision making.

  Price formed a symmetrical range after consolidating overnight. Price retested M1 AP short before trending short out of range. Price then formed a microfractal consolidation and retested MM1 AP short. Price could possibly continue trending downwards for a HT break of support before moving long again.

 Looking for price to break support before expanding range top symmetrically to retest LT D AP.

Fighting Friday FOMO -  After taking 7R profit on overnight move price continued to move down to final 12R target. However profit was taken at 7R because price indicated possibility of remaining in M1 schematic forming a symmetrical range bottom and moving back up to retest M1 AP or expand range top. As price continued to trend downwards I could not find clear re-entry point initially although on later review a potential re-entry point was identified. The awareness to identify this new re-entry indication can be applied to re-entries of future trades.  It is challenging to fight the urge to force a further trend re-entry or rush for a reversal entry as I feel triggered by the FOMO from the additional profit margin that I did not capitalise on. I also feel triggered by the euphoria from a good win and feel the impulse to just "grab a little bit more" of that good feeling to offset the discomfort caused by the FOMO. Mindfulness creates the insight to support objective decision ...