After breaking aggressively last week, the price was retracing back. I was looking to go short again.
However, the price kept on making higher lows. This made me change short term bias to bullish.
I went long at 1.2810 when I saw the price pulled back sharply after short fall. Set the stop loss at 1.2760 (50 pips) based on my risk capacity.
Set the intial target at 1.2870 which was recent high. It was met and closed half the position and moved the stoploss to break even.
Set the final target at 1.2945 which was near to Daily R1. However, closed the trade at 1.2934 early since the trade has already last for +120 pips
However, the price kept on making higher lows. This made me change short term bias to bullish.
I went long at 1.2810 when I saw the price pulled back sharply after short fall. Set the stop loss at 1.2760 (50 pips) based on my risk capacity.
Set the final target at 1.2945 which was near to Daily R1. However, closed the trade at 1.2934 early since the trade has already last for +120 pips
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