During a recent trading session, I observed a significant rejection of price highs by a 30-minute candle, followed by the formation of a bearish candle. Despite my initial plan, I impulsively entered the trade, enticed by the potential opportunity.
Fortunately, my impulsive decision turned out to be profitable as I managed to capture 35 pips. The decision to enter the trade was partly influenced by the observation of high volume in the gold market at that time.
Reflecting on the trade, I recognized that it was more of a corrective move trade, aligning with the broader market sentiment and price action dynamics. This experience served as a valuable lesson in navigating impulsive decisions and finding opportunities within market fluctuations.
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