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asiansupermarket

USDSGD 2hr 4mo wedge breakout

Short
U.S. Dollar / Singapore Dollar (FX_IDC:USDSGD)  
asiansupermarket Updated   
FX_IDC:USDSGD   U.S. Dollar / Singapore Dollar
USDSGD usdsgdshort usdsgdbreakout
3
0
usdsgd usdsgdshort usdsgdbreakout
Break down through the bottom of the wedge. This is a higher time frame than my usual trades; not 100% conviction on the shape of the wedge. Moving averages are clumped and range has recently tightened.
Trade active:
1.3873 Short fill
Comment:
Price is very close to TP (bottom of the wedge structure) so I moved my SL down to 1.37675
Trade closed: stop reached:
1.37687 Closed out

While we were a few pips from the TP, and then my adjusted SL got hit, I am not complaining at all because this trade went our way from the beginning.
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