Description
⋅ 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:
Comment
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Sell, buy and again sell. :)Comment
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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.