Yes the price is not in the trend to buy... It is bearish trend. But I am still buying it by assuming wider bullish wedge and price touch crossing above previous week Low.
Previously we sold this pair from top (can be refer to below link). When the price bounced back from the lower trendline I posted update to close the trade manually.
Signal
Buy Stop @121.40
SL 121.00
TP 122.50
My each risk is 2% of my account.
My lot for this trade 0.64
Risking pips 40
Rewarding Pips 110
patience is necessary.
Previously we sold this pair from top (can be refer to below link). When the price bounced back from the lower trendline I posted update to close the trade manually.
Signal
Buy Stop @121.40
SL 121.00
TP 122.50
My each risk is 2% of my account.
My lot for this trade 0.64
Risking pips 40
Rewarding Pips 110
patience is necessary.
Trade active
Trade closed: stop reached:
Lost the trade... This is my last time to trade against the trend. The More I trade against the trend the worst My trading turns into.
