Price has some up to previous resistance zone. We have a bearish engulfing candle at the hours close and its respecting the downward trendline. Take profits at next level of resisistance/support.
Take Profit: 40 Pips
Stop Loss: 36 Pips
Take Profit: 40 Pips
Stop Loss: 36 Pips
Trade geschlossen: Stop wurde erreicht:
This turned into a flag pattern. I was in profit about 5-7 pips. When I saw this forming i should have moved my stops to break even.. =(