Okay, I'll explain.sgarr wrote: Wed Feb 02, 2022 7:35 pm I could ask you the reason why you entered so high, beyond the trend you did not think it was over thanks
The point is that I don't enter a trade simply at the intersection of indicators or a color change. I use price action, S/R levels and volume for additional confirmation. (this is my own strategy). Then, when everything goes according to my plan, I look at the XARD system. If she says buy/sell, then I do it!
In this case,
1. the price broke out of the flat (gray rectangle).. while the price is in it, I do not trade.
2. the volume has been increased.
3. The XARD indicators were talking about buying.
4. I exited at the previous day's resistance level. Although on the H1-H4 charts I saw that the movement could continue to a much higher level. (But this is just an assumption, no one knows the future, so I took some money and left, since this account is for quick intraday trading).