Price broke recent support and it is consolidating. This suggest that a continuation move can happen. I placed a sell stop order at the low of the mother candle with a SL at it´s high. A potential 2:1 RR trade. However i will cancel my order if price closes above the mother candle during today´s London trading session
Note
Trade activeTrade active
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.