A classic example below.
All the right boxes are checked...
-Market structure is good, we have both UP SQUARE and UP ARROW
-Trend is good, as price is above both MAs and AVWAP3 > 1st bullish candle is entry time.
-Oracle is good.
so?
there is a piece missing, the higher TF Oracle. Enter without HTF confirmation and... you are likely to end on the wrong side or, suffer drawdown.
Never trade the single timeframe, trade the convergence.
