Background: - Bullish marobozu off horizontal support and round number @ 85.0 - Slight bullish divergence
Entry: - Buy stop set at 20 pips above signal candle high @ 86.46 (Set up triggered when posting)
SL: - 38.2% fib level of the signal candle @ 85.4
PT: - Set at previous high @ 88.45 (Possible earlier exit at 87.8 region - previous swing high)
Trade ativo
Updates - 18 Feb 2017: - The trade started off nicely but reversed during mid week and now hovering above the 50MA support - Will hold on to this trade until price action indicates that the 50MA support has been breached.
Trade ativo
Updates - 25 Feb 2017: - Price is currently nearing my SL, don't think this will end well. - Looking back at this, i may have set the wrong PT point. I should set it at 87.50 as the price is forming a descending triangle
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