REASON FOR THE ENTRY: Same as the previous trade, this a "defensive" Short to recover a losing trade placed long ago, Cross of the 2 HULL Moving Average over an Andean Oscillator Buy Condition in 1-Hour Timeframe (2XHULL+AO1h), MACD 2 Hours is Bearish, MACD in the daily is Bullish as well.
I plan to close the trade as soon as I recover (Breakeven) the losing position
TYPE: SHORT
RISK: 0.06 Lots
PROJECTED R:R TARGET: BreakEven of the old losing position
Evolution of the trade in the comments section, below...
This is going to take longer than expected, however, Bears are driving in both MACD's
Trade is back, I set my TP at 93.066 so I can Breakeven the previous trade and win small
2nd chance failure
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