Here is my entry chart for this short trade off the H4 timeframe. This time I zoomed into M5 to tighten my stop. Risk was 1% of the account. Click chart to enlarge.
and here is my exit chart showing price going down and hitting my profit target. The gain was just under 1%.
Analysis: Good setup and trade. I was able to zoom in and tighten my stop, and this time I just let the trade hit my profit target instead of being a punk and closing it manually too early. There was very little draw down on this trade and it just moved down quickly like I wanted it to.
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