With the help of 200EMA as support, trader are still somehow long and this trade could be the last drip before going short again once it hit the major downtrend (grean line) which is also around the 61.8% Fibonacci Retracement. Not to much to risk a leaser percent of my account. Am still bearish in overall.
Trade closed: stop reached:
If you had put your stop at the break-even few days back (though it was 7 pips to target before the price find is way back down and it Stop-Loss), it would have be nothing to loss.
Will post my new analysis soon.
Will post my new analysis soon.