This trade has progressed well and I have been trailing my stop all the way down (brown lines).
The price has made a lower low but the indicators are flat to up (red lines) and this represents a bullish divergence. I am therefore expecting a retrace against the trade but my stop is in place and I hope it won't be hit so that I can participate in the onwards ride down.
In any event this has been a nice trade and I've managed it well so I am a happy with that.
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