IRM finally went through the midpoint pivot target. A return to $54.77 would give us a reasonable reentry attempt.
Trade closed: target reached
⋅
We reached our target with no risk and an easy win. You should have either exited all your position at the 100% target, or be holding one with a moonshot in mind. But I'd set a tight trailing % stop since we're seeing a good pullback already.
As per the chart, It had 3 attempts at the 100% target, i think there is a chance of continuation to the upside. with a tight stop loss or wait for it to retrace and asses at the time.
Great chart