I got stopped out on this trade. I was looking for a bounce off the trendline on 10/20, but I didn’t wait for a confirming candle to take the trade. The target was the 50% fib retracement on the 1 hour, which coincided with the central pivot.
Price then proceeded to slip through the trendine, stopping me out.
Long 1 EURAUD @ 9291
Stop @ 9205 (-86)
Target @ (+249)

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