Down Trend. Price outside the upper band of regression line. Overbought and downwards sloping indicator while price rises. Bearish shooting star candle
Comment:
15 min. Bearish engulfing. Overbought indicator.
Comment:
0.23% risk taken
Comment:
Although for the past 12hs trend has changed to positive I didn't close the trade. At 11:30 Services PMI was going to be released. This was the only volatile event that could increase risk. But since no major moves happened before and after the release I let it run.
Comment:
Also in 15 min time frame no strong bullish evidence. I would say the opposite was happening. A lot of bearish engulfing patterns without making higher highs.
Comment:
Trade closed!