Trade #: 2502AUDNZD

The trade got stopped out. With 0.10 lots, the total loss was -14.37. So what went wrong?

Ideally, looking for reversal from Wave 5 is how trades should have been entered. But even in this aspect, notice how a candle clearly closed just above the TL 135 but price failed to reach the upper TL.


So what went wrong?

I would assume it had to with the 'Low Volume' aspect and this it wasn't the right time to trade.

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