Trailing Stop ... Risk Reduce to Half of its initial postition
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Below the days Low
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the next level of interest is the Last Swing High (o% level), if the traders are able to break above that area .. then is likely that the movement extends towards the major Last Swing High (Pink Lines) ... for the moment the risk has been reduce in a 60%, so the worst case scenario for now is a scratch of the only 40% of the initial risk ... lets see what bring us the next week.
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Trailing Stop ... now left the 25% of the initial risk ... so now the worst case scenario is a scratch of 0.25R ... Remember is a key factor to manage the risk, always cut losses quickly and let your profits run
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Trailing Stop Now at Break even ... Risk free trade