I have taken this trade 3 times, got stopped out twice at break-even and the last trade hit my sl. When i finally understood where price was heading for, i waited for 139.900 to get hit and as price started pushing back down into this level i took another sell because price was retesting 138.800 on H4 and H8. Overall, i still see bearish momentum, 138.400 might be a traffic zone and price might reject and push back up so i set my trade to break-even just in-case this does happen.
I'm thinking if the daily closes below 138.700 which is it's support, i might add another sell on a daily re-test to push down to 138.100. This all depends with where price will be based on my entry and the daily close.
I'm thinking if the daily closes below 138.700 which is it's support, i might add another sell on a daily re-test to push down to 138.100. This all depends with where price will be based on my entry and the daily close.
