EUR/USD short trade (update)

Update @ 11:47am CST of trade from 2/3/08:

Earlier this morning, my trade was closed for +310 pip profit. I will stay on the sidelines for now, but I will look to go long if price bounces off the supporting trendline of the triangle.

I think the safest plan will be to go long on a 3-wave correction of the bounce from the trendline.

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