Continuing on my ongoing previous trades, we have reached my entry level for going short again after reaching my previous short target as I expected a bit of a pull back before completing the Head and Shoulder pattern after breaking the neckline few days ago. I went short again at 129.15 with an ultimate target of 127.40 as long as we break the previous low of 128.52.
Trade details:
Trade details:
- Direction: Short
- Entry: 129.15
- Stoploss: 130.23
- Target 1: 128.52
- Target 2: 127.40
Comment:
First target reached, position is still open and stop is now just below cost
Trade closed: target reached:
Triggered overnight
