The 4H trend downtrend establish at the beginning of last week has been broken, and the price has formed a new uptrend. Price also broke the level of structure and pulled back before moving to the upside again with a nice engulfing candle formation. I am long with a 1:1.5 R2R.
Trade closed: stop reached:
It is so annoying when the stop loss is hit and after a few pips price bounces back to the original plan, but what can I say? I can't be right all the time.