EC in channel. It has already bounced off of upper trend line, but price is currently at a support area and may retest. I'm already in the trade.
Short @ 1.1644; SL = 1.1389, TP = 1.132 (or bullish price action ~1.133)
Since I am fully in, I wouldn't entertain adding to my position at a price less than 1.1375. For someone not currently in the trade, an opportunity to enter would be following a retest or following strong bearish price action in 1.1361-1.138 zone.
D:
W:
M:
Short @ 1.1644; SL = 1.1389, TP = 1.132 (or bullish price action ~1.133)
Since I am fully in, I wouldn't entertain adding to my position at a price less than 1.1375. For someone not currently in the trade, an opportunity to enter would be following a retest or following strong bearish price action in 1.1361-1.138 zone.
D:
W:
M:
Trade active:
Took profits on 90% of the trade. Even though it hasn't yet reached my TP, I elected not to hold the majority of the trade through the weekend. Instead, I locked in profits and entered sell limit orders at various locations should EC retest resistance zone.
Took profits on 90% of the trade. Even though it hasn't yet reached my TP, I elected not to hold the majority of the trade through the weekend. Instead, I locked in profits and entered sell limit orders at various locations should EC retest resistance zone.
Trade closed: target reached:
Closed remaining positions. (I had added to my position, beginning of this week.)
Closed remaining positions. (I had added to my position, beginning of this week.)