The price within the framework of the assumption under consideration continues to remain under pressure, and within the framework of the previously announced trading plan, it is advisable to transfer the protective stop to breakeven.
Due to a technical glitch, the broker’s position opened with a large slippage, so I set the SL at 132.88, but if someone did not have such a problem as I did, it is best to put a protective stop at 134.00.
Within the framework of the considered assumption about the development of the diagonal downwards, it is possible to form a trading plan.
Stop loss for sale at the price of 134.35, SL at the price of 136.30, TP 129.70
As part of the assumption of the completion of the next pattern in the form of a 5-3 formation up on the lower degrees, an interesting point for building a trading plan has appeared.
Buy Stop at the price of 1.5630, SL 1.5470, TP has not yet been determined, since the trading plan is being built in a medium-term correction, the shape and height of which at the initial stage is practically impossible to reposition.