Forex Day Trading - EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The pending SELL order just below S1 at 13857 was taken at 7.00am with a Stop loss of 20points and Profit limit of 60points in place.

The market has moved halfway (30points) towards the target of 60points hence Stop Loss has been moved to the opening level to protect capital.


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