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CLOSED TRADE: EURUSD: BUY@1.11230 Stopped out (+92 pips)

FX:EURUSD   Euro / US-Dollar
Got stopped out on a trailing stop @1.12619. That's why it's ALWAYS important to have an exit plan, folks. Unfortunately, prices did not continue rising to get the TP2. But having protected my winnings by using a trailing stop, I still managed to bag +92 pips off this trade.

It seems that the bottom TL of the expanding triangle served as a very important level as prices bounced right off of it! So in any future rise in prices, will need to keep on eye on that TL. I will be doing a re-analysis on this pair over the weekend to see what is happening though. Now, will sit on my hands unless something jumps out at me.

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