Description
⋅ Price action has not yet told me to go long, and since there still are bearish signals to this I'm sticking to my initial target of 120.000.
So far we have managed to bag 150 pips during the last 7 days from this bearish fall.
Lets see if we can continue this pip-hunt, all the way to target!
Before I start to consider a bullish approach, I need to see a break and close outside falling trendline and above 122.000
Comment
⋅ First target hit, +74 pips in the bag.
Stop loss rolled to break even / minor profit for the remaining position.
Now onwards to 120.000!
Trade closed: target reached
⋅ Target 2 hit, +150 pips. Good one!