Analysis for US Stock CEMEX SAB DE CV

Hi,

Trade analysis for a pull back correction.

Short Entry @ $6.40.
Stop loss @ 7.20
Target @ $5.25

Trade closed: stop reached:

We've gotten stopped out, but still the trade is bearish. Stop loss should've been @ $7.60 instead of $7.20. We will wait for the correction to finish unfolding, then we will trade long.

Thank you