Price was moving lower, already below fib levels from yesterdays swing, also below both SMA's.Price had consolidated on the 5 min chart, placed a sell order below market in anticipation of a move lower (.27 extension from yesterdays swing as a target).
Closed out at +30pips 1.6 Increase, very little or no draw down, however there was news released in the middle of my trade, that I didn't see coming or anticipate, which could have changed everything. Also moved to B/Even quite quickly after 10 pips or so.
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