1. Eur/Usd has previous broke down the Daily Support (Red Line) after Consolidating for 2 months. 2. Price just took down another Previous Low (Purple Line) 3. We look to Short this trend on a lower time frame
Trade active
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1. A Gartley Pattern completed right inside the Resistance Zone 2. We took an aggressive Short
TP#1 at Fib 0.382 Retracement TP#2 can be set at Previous Low/beyond since the market is trending down
Stop Loss above X-Leg
Trade closed: target reached
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TP#1: Reached +18 pips
Trade closed: target reached
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TP#2: Reached +200 pips
Trade active
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We will be closing monitoring how the price reacts to current level. If price drops and breaks below, we will be looking to hop on the down trend again.