Trade #5 Short

Updated

Short EP 38071, SL 38340 = D+150
TP1 37864
tp2 37657
tp3 37430
tp4 37091

Long term descending trendline is back in play at 618 fib level.
Price has also just stalled with resistance at daily level 38190
Entry is dependent on a small 618 fib retracement from last 2hrs

Note

Entry filled

Note

TP1 hit after 42minutes
SL moved to entry price

Note

Stop hit. Small profit.
I'm tempted to reenter at 38190 as the original idea still looks valid
but I'm tired so staying out of the market while my batteries recharge
i expect the market will still be here when i wake

Order cancelled

TP1 hit and stop moved to entry for remainder.
Small profit taken.
TP2 and TP3 would of been hit if stop wasn't moved to entry so quickly.
This was a defensive move as tempertures here in Perth have been around 40C and have affected my sleep.

unspecial

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