Bounce from top trend bear line, trend continuation
Updated
I setup a sell stop order on this pair as I see the trend continuation in the downward direction. Simple trend continuation analysis within the trend channel.
Trade active
Sell Stop order triggered, we are in the game.Trade closed: stop reached
SL has hit, the price is going against my idea. I will keep a watch on the pair for new possible entries in the future.Note
I have a new position that I am satisfied with.Also, my initial idea wasn't bad, I just had a SL, that was too tight and I unfortunatelly it was hit. I could have had much better position now, well, no worries!
Trade active
All going as planned. Holding my position and my profit!
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