Price: 1.2880
S/L: 1.2672
Loss: 208 pips
At daily chart stochastic is showing potential reversal as well as histogram in MACD. Though these two indicators alone give many false signals, I believe there should be a rebound after the large dip showing in both charts. As Europeans loan plan is approved over the weekend, we can see gap open breaking the downtrend line in 1H timeframe. Buy here and see where market will act.
Exit: got stopped out at S/L level, 1.2672 lose 208 pips.
Learning: Should have wait for gap closing and confirm MACD histogram in 4H chart first to enter the trade.
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