Break of structure. The market is looking bearish but looking to pull back to around the 61.8% retracement before making its way down to the $1250 area.
Trade closed manually
Although this trade didn't go exactly as planned, I personally held onto the sell limit at the 61.8 retracement which was activated on 13th May (and close to hitting SL) before dropping back the price of $1270, meaning a 260 pip movement was still caught!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.