DislikedBecause the H4 uptrend has reach almost 500 pips since it started the uptrend. This is a normal range for H4 for one wave. Well I might be wrong.Ignored
Currencies can remain oversold for a lot longer then your account balance can handle. You entered a short here becasue we have gone up 500 pips?
Look back at the last time the ECB raised rates before the FED and see what happened then, oh wait, that has never happened before, what do you think the market is thinking here, 500 pips is peanuts.