Daily recap 17-03-2025

We started the day with an uptrend that quickly weakened before transitioning into a trading range and eventually forming a weak downtrend.

The first setup of the day was too aggressive and therefore best skipped. The second setup was acceptable; with a clearly weak trend, taking a trade in the opposite direction was justified. Later, price tested support three times, making the MDS an ideal, high-probability setup. Another excellent opportunity appeared with a clear second test and STT played out exactly at support.

The final trade is personally acceptable to take, though it's marked in yellow due to it occurring at the exact level (same tick) as the previous swing, slightly reducing its overall quality.