A/U has been in a strong up trending 4 hour channel since .71. It had broken down through an ascending 4 hour price action bottom trend line and that's what prompted my short in part, but I stayed in instead of taking a small loss because of being convinced a short reversal was in the works. What's irritating is that I would probably make the same mistake again. I sure couldn't visualize any up trending channel back when price reset for another move up at .7110.
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