A break in long term trendline may lead to further downside.
SL: 55 pips (2.5 * ATR)
TP: 110 pips ( this is the initial TP and will be moved depending on market conditions)
SL: 55 pips (2.5 * ATR)
TP: 110 pips ( this is the initial TP and will be moved depending on market conditions)
Trade closed manually:
The trading idea is no longer valid. Close the trade at loss of (-19) pips