Consolidation can be broken both down and up. With a small stop, the profit factor can be good enough for such a small consolidation.
Why was the short position opened:
Why was the short position opened:
Comment:
Sell, buy and again sell. :)
Comment:
A possible target level is a long-term level of support.
Comment:
Stop order moved. Very weak dynamics after a breakthrough down the long-term support level.
Trade closed manually:
Positions are closed. I'll look at the dynamics. It is possible to restore short positions if the upward movement does not gain acceleration.