Price has reached the sliding parallel of the downsloping median line where it seems like we have a rejection at first place. Selling with sl and tp as shown in the chart is what I planning to do
Comment:
Sl was hit in this setup. I truly believe that price will drop sooner or later so I am reentering the market with a new sell trade
Trade active
Trade closed: target reached:
2nd try was a success, 265 pips profit..!