I took a short on
EURUSD
at resistance and am looking to ride it down to the bottom of the channel. I will look to add to my position if price retests the broken trendline. Currently 45 pips in profit.
My stop has been moved to 5 pips.
EURUSD
at resistance and am looking to ride it down to the bottom of the channel. I will look to add to my position if price retests the broken trendline. Currently 45 pips in profit. My stop has been moved to 5 pips.
Trade active:
I closed half my original position at 66 pips, I'm keeping an eye on this looking for a retracement up to 1.12345 - 1.1256 where I will look to add full profits back into the position with a tight stop of less than 20 pips.
Trade closed: stop reached:
The other half of my position was closed when price came back out and stopped me out profitably.