Educational post - heard some chatter in the chat rooms about this trade
This was likely a bull trap IMO -
Trade (NAFTA) talks have put this currency pair on every novice traders radar Long Running Bull Move Consolidated Rectangular Patter Breakout Above Rectangular Pattern Longs then take their positions Massive Price Dump
Risk Protection - Stop Loss Protection - So important in this business. Let this be an example..
Comment
⋅
two solid bounces off of the new bull support line since this post is a solid sign of some good uptrend coming on this pair, IMO