My Idea Short XLM/USD
Updated
Reason for entry:
1) On the daily chart, the downtrend continues.
2) A new level of 0.05500 has formed on the 1H chart
3) Consolidation at the resistance level + false breakdown (there is a weak volume).
Short 0.05450.
Stop level 0.05600 (-15p).
Take Profit 0.05
Number of Contracts:
2% of the deposit = stop loss size.
1) On the daily chart, the downtrend continues.
2) A new level of 0.05500 has formed on the 1H chart
3) Consolidation at the resistance level + false breakdown (there is a weak volume).
Short 0.05450.
Stop level 0.05600 (-15p).
Take Profit 0.05
Number of Contracts:
2% of the deposit = stop loss size.
Trade closed: stop reached
Close Stop loss 0.05600
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