Wait for the price to play out
Trade closed: target reached:
Price went up to test the top of the channel as expected.
Entry price: 1.3169
Exit price: 1.3235
The pattern still looks bearish to me so decided not to hold the trade for too long or use a trailing stop. Hit my target price and I am out of this postion.
Entry price: 1.3169
Exit price: 1.3235
The pattern still looks bearish to me so decided not to hold the trade for too long or use a trailing stop. Hit my target price and I am out of this postion.