EURUSD has just completed a nice up move to the top of the side wards range where I took profits and was then on the look out for signs of a reversal. Movement so far today is bearish.
1h shows a nice rounded top with some indecision and then bears came in.
4h shows a pinbar rejecting the upper resistance.
주문취소됨:
I really should have paid more attention to the fact that the EMAs had crossed and we were now in an uptrend. I failed to notice the diagonal support channelling price in to a wedge.
What started out as a great trade, ended up being poorly managed and losing.
What started out as a great trade, ended up being poorly managed and losing.
Price has now moved back up to just shy of where we started and it just about kissing the upper tramline again. Looks like bulls are exhausted for now and we can hopefully see some good bearish action again from here.
This is also a good opportunity to get a better R/R so I'm going to add a second bearish position.