I have taken another short on this pair, however this time i believe there's more confluences and its more of a high probability trade therefore i have increased my lot size and took on 2X the risk. A shooting star has been formed on the 4HR chart, and the price has bounced off the upper trend line of the wedge. As well as this the pair is trending downwards towards the monthly support.
TP @ 0.99956
SL @ 1.00959
R/R @ 2.65
TP @ 0.99956
SL @ 1.00959
R/R @ 2.65
거래청산: 타겟 닿음:
Went in the direction of the trend so this made the probability higher of the trade, along with other confluences like the trend line and price action made this trade more solid. A good R/R, take out more trades in the direction of the trend with a good TP just below a resistance level.
