Post when its good,post when its ugly as well!

The market invalidated my theory of a market structure change on this pair. So i take the lesson given to me and add it to my notes. Lets dissect why the market rejected my thesis. When i look at it in retrospect i marvel at the simple message the market was trying to portray on this pair. I analysed on the H4 and made conclusion on market structure on H4 which was technically okay but the critical element is that the thesis should have aligned with Daily chart as well. Here the yellow zone is all i needed to see and the story would have been apparent. This was a breakout test,we broke through the yellow zone and came back to test it.Yesterdays close was crucial because regardless of dipping down through the zone, it closed above that zone,showing the bulls were fighting for it and wouldn't let price violet it. Indeed the bulls are now showing their strength and taking it up.

Trading lesson: The market is always giving us clues..all the time,its up to us to lose our biases and follow what its saying even if that may seem irrational. Remember the market can stay irrational longer than we can stay solvent!