Right now, this trade seems so dull to me, I couldn't even find a proper tittle.
The weekly chart looks neutral to me
When I took the trade, it looked bullish for some reason.
I entered long on a rejection of 16 where we had strong support, on 12.11.2014. The impulse turned green, and there was a strong day. My targets are drawn on the chart, my stop is below the last swing low.
Looking now at the chart, I would say chances are less than 20 - 30% for this trade to be successful. However, I will not close it if my stop does not get hit.
The weekly chart looks neutral to me
I entered long on a rejection of 16 where we had strong support, on 12.11.2014. The impulse turned green, and there was a strong day. My targets are drawn on the chart, my stop is below the last swing low.
Looking now at the chart, I would say chances are less than 20 - 30% for this trade to be successful. However, I will not close it if my stop does not get hit.