After the Fail Bo of the resistance area + some clues of rejection (Black Arrows) + If the price is unable to found demand around the most immediate Uptrend channel then I will enter short --- Target the 1.366 area
Trade active
Comment:
Comment:
Regarding to the the trade management in my personal trading style I like to take half of the position when the price reach the 1:1 R:R .... why?.... because if I do this I can remain with the other half position respecting the price structure and with a risk free trade going on
Comment:
The price have already achive the 1:1 R:R therefore 50% of the position is close and the other half it is going on.... lets see if we hit the take profit
Trade closed: target reached
Comment:
Now that the price has confirmed its intention to keep moving lower it time to keep looking for short opportunities
