hi guys, check out my last trade, traded on margin and caught the scalping movement, got a fairly accurate entry, what do you think about this trade? As for it's possible to make a profit in a sideways market
https://i.imgur.com/OBkhTrS.pngI think it would be helpful if you tell what was the trigger which you actually used to choose this trade because as far as I can see this was mere luck because market tried to revisit that upward resistance after a retracement downward if it could have broken out the channel you might have got liquidated. Was it some sort of price action which helped you take this trade?
when determining the entry point, I use level analysis, volume analysis, look at the order book, and of course the price action
