Trade Result and Reason for Placing Trade:
Market was placing higher highs thru Globex Session, and upon entering US Session attempted to continue that tempo, but failed placing a lower high that candle forming a Closing Marubozu(Wick at Open non at Close) entered after following bar took out previous 2 candles. Price was getting LH/LL, putting trade at a 1:1 RR so I lowered Stop Loss to 8 ticks from entry. Was stopped out.
What could I have done better?
Applied basic technical analysis and drew a trendline across highs as price was declining, and once price closed above it exited trade.
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