EURAUD short – DON’T BE STUPID lesson

I was looking for a retracement starting at 22 Aug 9 am EDT, and entered a short trade as marked. The “don’t be stupid” part comes in after seeing the third test of a support line. It would have been better to abandon the trade right then for a small loss instead of the 32 pip loss shown.

As wiser traders here on this site have said be objective and don’t ignore the facts.