Channel Breakout, Triangle Breakout,and New Lower Low
Updated
Triangle break and Channel break. Shorting to the 1.272 Extension.Second entry oppurtunity if retrace to .786 , .618, or 0.50. Stop loss behind 0.50 retracement. Take profit just before the 1.272 extension. New Lower Low
Trade active
Entered short at 107.216Trade closed: stop reached
Note
Retraced to .382 may keep going upNote
Shorted the pair after being stopped out . Shorted at 107.215Trade closed manually
Manually closed short. I was stopped out on original entry but still managed to take some pips shorting this pair.
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