55/20 Breakout Trade

Price broke out of 55 days high.
Stop loss at the breakout high to prevent loss from fake breakout.
Wait at least 2 days to confirm the breakout.

HOLD YOUR TRADE!!

Comment:

In the next 2 days, if price closes below the breakout level, exit the trade.

Comment:

Price closed above break after 2 days.
Move sl to the last day of break.

Comment:

Keep a close watch on the ADX.

Trade active:

DCA at 1.27777

Trade active:

Move SL to 20-Day High at 1.26566

Trade active:

I am still holding this. Keep moving SL to 20-day low at 1.26801.

Trade closed: stop reached:

Hit sl at 20day low.