Comments on the chart.
Comment:
Price is falling in accordance with the published idea. I must admit though that I did not expect to see doji candles. I was expecting decisive bearish candles. So I am going to give this idea the benefit of the doubt. If price takes out 1.4015 - the high of today's doji plus spread then the idea is off. Limited damage so that I can fight another day
Comment:
Price fell again today so the idea is well in play. While I am looking for a move to new lows price has moved sufficiently that traders cannot make a loss on this trade. So manage this trade as you deem fit. Just don't make a loss on it
Comment:
Technically this 2618 trade has not been negated however I was expecting a more sustained and impulsive downmove. So the idea is still on however I will cancel the idea if 1.4062 id taken out to the upside
Trade closed: target reached:
Target reached