Existing UT since 26 Mar 19, with likely HH and engulfing bear candle 12 June 19. Looking for RSI short cross of 50 as price action breaks out of regression channel towards the bottom. SL above recent confirmed HH, TP @ SR @ 1.71079.
Short stop trade entered.
Short stop trade entered.
Trade active:
The trade executed but may have been a bit premature. It would have been better for the Williams%R to cross 50 or even 80. I think I got hit by the spread.
Trade closed: stop reached:
Definitely a premature trade.