Price reach resistance zone and even tho it basically made a higher low It might potentially go down.
If price goes long I have my SL above the previous high.
TP is the support zone
Trade closed manually:
I closed it yesterday due to it slowly consolidating and going back up. If a trade is not going your way, do not hope, take it out with profit.
Looking back at this trade, a couple of hours later it took us out the SL. We can see that price busted through the zone but manages to dip back and now hovering above that zone. If it consolidate that area, it can be a potential buy.