EUR/USD has been ranging in between support and resistance areas. The most recent break of resistance caused a pullback to test the same line. It didn't manage to break through and formed a nice bullish candle on both the 4 hour and 1 hour charts. We also have upward Stochastic movement on both the 1 hour and 4 hour charts so I believe this pair will go back up to at least test the most previous structure high.
Zlecenie zamknięto ręcznie:
Closed trade early for 12 pips loss, saw the drastic reversal take place with a massive bearish candle.
Komentarz:
Trade reached target and went way above to break through rectangle consolidation. Should have stayed in trade rather than acting emotionally and closing earlier