Short near a big resistance level and trendline
Updated
Short after the break of the smaller countertrendline. Stop above the resistance zone, target at previouse lows.
Note
trailed the stop the 1.44055 which is a little bit above the 0.618 retracement of the current downmove. Trailing behind the fib level because there is no swing level on this timeframe where I could trail to.Trade closed: target reached
Trade played out nicely and target reached.Lesson learned: I did not place the target right. I need to be more precise at target placement.
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