INITIAL THOUGHTS
Long term daily, weekly and monthly downtrend in effect. Weekly just finished a retracement. Last week was red and this one is starting off red. The channel trend is downwards. Price is currently at resistance of the channel.
1 hour and 4 hour MACD and RSI are heading downwards. Trade should be in my favor hopefully. Didn't add a stop loss or a take profit yet.
UPDATE
06/06/2022 2:58 PM, $3. Been fluctuating between -$6 to +$4. My thoughts are cool and relaxed.
REFLECTION
Closed this one out manually as it was looking good with +$30. Good trade. I'm going to follow up on this one to see if it could have made more.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-06-06 11:43:54 | EURUSD | sell | $1.06925 | short |
2022-06-07 09:15:37 | EURUSD | buy | $1.06569 | 0 |
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