Daily trend strong bear, asymmetrical triangle forming, with trend expecting a breakout to the downside. Prepared with breakout up to test 200 SMA.
Comment:
I'm a rookie still paper trading, comments are appreciated.
Trade active:
Price broke to the downside, bearish trade active, long trade option cancelled.
Trade closed: stop reached:
Got caught on the pullback using the 15min 9EMA plus a pip for a stop loss.