Short tomo on a deviation?

Ive decided to short tomo at current price of 1.5245 with a stop at 1.5545 as a hedge against the long i entered at 1.51. Reason being that this last move may have been a deviation and a close below 1.55 was my ltf trigger that it was a deviation. Possible targets if it breaks 1.46-1.48 are 1.22, 1.03 and .91c that is why i see the potential for downside just as profitable as upside and why i am hedging my long with a short

Commentaire:

stopped out, long is active from 1.51
we let that run now and trade that plan

Commentaire:

4h closed below 1.55...
shorting here at 1.5221 s/l 1.5584
5th times the charm? lol

Commentaire:

seems market is bouncing and tomo is selling off which makes sense as tomo has been pumping/holding small daily gains whilst the rest of the market got pummeled. I think this is the beginning of a bigger move down so im going to be patient and let it run. stop is at break even and tp1 is 1.288-1.333

Transaction en cours:

beautiful move, exactly what i was trying to catch. More downside to come for tomo

Transaction en cours:

took off 66% of the position at 1.13
I still think this could go to .91-.85 at least if not lower

all in all, I had my stop loss hit 4 times for -3% each time
but the last entry i took has given me a 27% move
a perfect example of why sizing is important in trading
looking back i guess a wider stop loss could have made this setup more profitable but profit is profit

Transaction en cours:

added more to my shorts here at 1.12
stop at 1.33
take profit 0.91 0.833 0.677