The Aud/Usd made a brake to the downside of the 200sma SurpriseBox, when looking at the four hour chart. This brake was out of a head and shoulders pattern. After the trade was placed the pair moved upward, contrary to expected. It reached the predetermined stop. Will liquidate my position. As two "bad trades" in a row, will "take a brake" and try to conserve capital.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
