Image: Oanda
A follow up for the position established last month. You may find the earlier post forex blog post on this trade by clicking here and here.
So I had made partial closing off earlier, anticipating that the price will be trending towards the bottom side of the ichimoku cloud. It didn't happen.
Price action continued to trend lower and so NICELY.
I have closed out another partial position. My target profit level is 16680.
Looking forward, I am looking to add on more short positions.
Will see how price action reveals itself.
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