Another thing that is worth mentioning is. At the time of closing the trade there was a bad USD economic report (CB Consumer Confidence). This bad usd news had completely no positive effect on EU, even though it came out while price was at the the bottom of a daily trend channel and a confluence of a few other support levels. This just adds to the present bearishness, and for the record I'm calling a top.
Initial Risk: 28 Result: +50