UK's construction PMI missed the consensus and this pushed Cable back down to the previous week low. I should've been more patient and waited for the price to hit my PT there. But the price seemed to pull back towards 1.5400 and it appeared to have a difficult time breaking the bottom daily ATR so I just locked in my profits right there.
Earlier today, Cable broke below its Asian session lows and I thought of shorting at the retest. Unfortunately, it didn't reach that high. Still, it continued to slide all the way down to the previous week low. Going long in that area also would've been nice but I wasn't so confident with going against the intraday trend.
P/L: 10 pips / $6
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