Entry: 1.08390
Stop: below 1.08033
Target #1: 1.08889
Target #2: 1.09197
If this works out and target #1 hits I'll move my second stop to break even and hope we break that trendline for a trend continuation on up.
Any comments or corrections are greatly appreciated!
Stop: below 1.08033
Target #1: 1.08889
Target #2: 1.09197
If this works out and target #1 hits I'll move my second stop to break even and hope we break that trendline for a trend continuation on up.
Any comments or corrections are greatly appreciated!
Comment:
I'm not placing a limit order for entry, but rather watching price action for buy signal between the completion point and stop. This retrace may well take us past the X point
Trade active:
Long opened at 1.083
Trade closed: target reached:
Target #1 achieved. Took profit on one order @ 1.08889, moved stop to break even on the other.
Trade closed: target reached:
Target #2 achieved.