Market in a downtrend, looking for entry on 4hr timeframe. Bearish flag pattern formation on 4hr, giving me an opportunity for a trend continuation setup.
Entry: Market order at 0.68876 on the break of the lows of the flag Stop: 1ATR above flag, 0.6942 Exit: Exit manually when price closes above previous daily high
Trade closed manually
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-0.5R loss
Comment
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On hind sight, I exited the trade prematurely because I wasn't able to stomach the small pullback. Should have stuck with the trade and if it goes against it, it will hit my initial stop loss.