UJ Breakout Sell Stop

Uj has been pointing towards this with the harmonic/M pattern for about a year and could finally come through. mostly based off of stochastic continuation pattern which hasnt failed me yet but i havent tested it meticulously so it could fail me... although structure also points downward so thats added confirmation. Id say 65% sure maybe less. small loss if im wrong.. major risk management until i can get my consistency up and my strategies thoroughly tested

Trade chiuso: stop raggiunto:

Stop was too close even though this was a trade I didnt actually take I need to be mindful about keeping my stop so close because it always taps before it heads in my direction. More patience could be a solution as well.

Trade attivo:

Looking at this again.. The point where it would have hit my sell stop it didnt retrace and reach the stop. This hypothetical trade would have been very profitable if I would have taken it.

Commento:

further movement down is expected