I was stopped out on my second contract. If you look at the chart, I should have kept my stop loss a little higher, just like my third contract and I would still be in. I am very glad that I still have a profit on my 3 contracts no matter what.
When I looked back on my analysis, I was right in choosing to go short. I should have expected the pair to rise back up to 1.4780 based upon the trend line as seen in this chart. The exact point at where I was stopped out is where resistance was expected.
Let's just wait to see what the final contract does.
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