Broken Support Became Resistance

24 lut 2020Broken Support became resistance
Engulfing pattern on 12 hour chart at resistance
Possible 4:1 RR
Two position open 1% each position
Plan

Close first position at .7326
Move Second position Stop. Trail Stop on Daily Candle
Move Second position take profit to .7258

25 lut 2020

Komentarz

Closed out First Position
Second position Stop loss trailing high of daily candle
Second position target still set at. 7258

27 lut 2020

Komentarz

Target was hit.
Profit 5.58%