With price putting in a higher high higher close on the daily chart. My overall bias is bullish. Down on the hourly chart price has been trading nice and tight to the high side. I am looking for price to breakout to the high side. My initial target is about half way to target 2 that comes into structure. I have a 7:1R for T1 & a 13:1R for T2. let's see if I can make some nice coin on this trade. Trading involves risk.
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Fucking A, check that RR 7:1 to T1 and 13:1 to T2 just about 38 pips or so from T1. This is what I call let the winners run.
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Still waiting for T1 to be triggered about 10 pips out. I need just a little push higher to trigger that 7:1 RR for T1.
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Target 1 was hit for a nice 7:1 RR. and right at 100 pips. Now on to seeing if T2 can be reached.