Personally, I took this trade with a smaller LONG position and not a full long because I wanted to hedge against the fact that this bat (and the .707 retrace level) could trigger a move up even though I favored the other bat (green) that finishes at the .786 retrace level.
Right now, I am taking 70% of the LONG position I took for +84 pips profit as I am still expecting a move back down from here or near this point back down to hit the .786 and the other bat. I'll leave the other 30% to continue LONG if prices do continue that way. If it does get back down to fill the other bat at .786, I'll be taking a full LONG positions and adding to my current inventory of LONGS in this pair.
Year-to-date Profits: +5,794 pips.
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