Edit2: We would get out now, with roughly 20 points profit. See last chart.

Edit: This trade is in profit, lets see if we can get out with a profit.

I would be curious to see whether the price can go to the 50 or perhaps between 38 and 50, IF it closes below the 23.6

Lets say if filled the stop loss is 40.29

 

 

 

 

I’ll also be reviewing the weekly Dow chart Triangle soon

 

This picture could be worth a thousand words, or a thousand dollars

 

I anticipated at least a brief move lower if a small trendline was broken. I didn’t want to watch and wait and placed a sell stop.

I exited 2 pips higher than the Take Profit (limit buy). It was a pretty good time to exit, in retrospect. 7 pips profit.

First chart is 30 minute, second chart is 15 minute.