This is a great time to utilize the Darvas Boxes indicator. Sell stop below bottom of box with a SL above top. Containment within the bearish channel is the basis behind entry. Breach of the top of the box will cancel trade. Cheers
Trade active
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Trade closed: target reached
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First target reached: Moving SL to Breakeven
Trade closed manually
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EUR rallied to breakeven after a nice drop to T1: +0 pips