We now approach the downwards sloping and the structure zone (red box)
I will be building a short position. This trade has two target areas, each represented by a green box.
The red horizontal line and green horizontal line on top and bottom of the chart represent the D point completions for the & Bat patterns from last weeks post.
Never be scared to pay yourself, we work so hard in this game, where anything can happen, especially in volatile news hours. So I could have gotten 100+ pips but I am happy with 55 over a loss. Hopefully my long position will do as predicted.
I also believe it is better for the psyche to have a higher winning % , as opposed to shooting for home runs all the time and having a lot more losers. Cheers.