Price is reacting from a level of inner structure (look at the HTF), and that is the reason why I will not aim for a re-test of the highs. I am now waiting for a DB to occur, that will be my reason for entry on this trade.
Trade active:
Filled at 1.7295. That made my R/R 1:1.3, which is above my minimum 1:1.
Comment:
Stops moved 10 pips below the DB at 0.7278 because of the H3C above the double bottom. Hey, whenever you can reduce some risk, do it.
Comment:
Tgs were hit, but I didn't get filled, stops moved to break even.
Trade closed: target reached:
BOOM
