Broken Support Became Resistance

Broken 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

Yorum:

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

Yorum:

Target was hit.
Profit 5.58%