That's it, Structrue has broken down, you can see the breakout pattern concluded as well, price failed to break through the price line and we saw new low immediately after. The best possible short scenario would be an entry at the retest back to the lowest point of the range.
Note
I want to move my stop loss to 1.017 instead of 1.015, but everything else remains the same.Trade active
in shortTrade closed manually
50 pips taken from this short. I still have over 230 pips in equity on the table from my swing trade. see "Big money move!" for info on that!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.