asiansupermarket
Short

USDSGD 2hr 4mo wedge breakout

FX_IDC:USDSGD   US DOLLAR / SINGAPORE DOLLAR
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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