As stated earlier we needed a channel breakout to take long but that didn't happen so the trade idea was invalidated. We are now trying to identify the bottom of the downtrend in an attempt to follow the price uupwards to our target
Comment:
We've gotten to our first tp. I'll advise to close half the lots and move SL to breakeven. as there will possibly be some consolidation and pullback.
Trade closed: target reached:
we've reached our target finally!