forexinsider

playing againt the ascending triangle

Short
FOREXCOM:AUDCHF   Australian Dollar / Swiss Franc
i took this trade based on the resistance level that has proven to hold
appeared was an ascending triangle and to what we know we should expect a breakout to the upside but immideately when i see th breakout to the downside and still holding on to my prev trade i engaged again in another trade expecting a short momentum sell
reduced my stops level
we might experiance a point weher price retraces half way the bearish candle and if that the case we can also engage

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