Target at .236 CD will porduce a RR ratio less than 1, so...
Lets wait for D to be totally defined and then recalculate all targets.
Good Luck!
Trade active
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Nice start. Kept original targets. +100pips on the first bar...
Comment
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PA has been ranging near the 0.236 level for the last 2 days... and there is a formation on the 1h time frame that can be the start of a reversal H&S...
I'm moving to break even... and if PA fails to make fresh highs (over 128.55) or makes a lower low (under 127.96) I'll start tightening the stop and trailing.
Trade closed: target reached
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TP1 Reached... very bumpy ride. I took the 250 pips for a 1.36 RR