Shorted pair again (I've taken about 4 or 5 good trades of this pairs ranging!).
After a great start, it reversed. I expected the downtrend to resume but it never did. Not wanting to repeat yesterdays mistake of watching all my profits disappear, I eventually closed out for a disappointing 1R, having reached as high as 3R.
Still this is a great pair to keep on the watchlist. A big breakout is likely very soon!
After a great start, it reversed. I expected the downtrend to resume but it never did. Not wanting to repeat yesterdays mistake of watching all my profits disappear, I eventually closed out for a disappointing 1R, having reached as high as 3R.
Still this is a great pair to keep on the watchlist. A big breakout is likely very soon!
