A valid rejection at a key level - Trend is predominantly down - Will Short at a pullback
Good luck
Trade active
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TP 1 taken out
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Move stop at TP1
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1:2 R:R for TP2 approaching
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TP2 Taken out
Trade closed manually
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TP2 achieved - Closed remainder of short position manually
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Positions at Entry
1st position @ TP1: 136 pips 2nd position @ TP2: 304 pips
Trade closed: target reached
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Comments
okok
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H Andrew, where did you enter given that it did not reach the pullback zone?
-Andrew-
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Hi okok, Entered at 1.48968 (see details on chart) - at the open of a previous pin. I usually switch on to lower timeframe (1hr) for entries. Look for weakness or rejection on horizontal key levels.