Consolidation was tightening up, so I decided to go long with a short Stop loss under the low of consolidation. Profit target is around Sep 21 highs.
(posted post factum)
*Actually the trade reached 1:2 R/R ration and turned around rebounding from more recent highs (Oct 31); if I watched the trade at the moment, I could set the stop at breakeven, I should've had more realistic targets and adjusted the size accordingly.
(posted post factum)
*Actually the trade reached 1:2 R/R ration and turned around rebounding from more recent highs (Oct 31); if I watched the trade at the moment, I could set the stop at breakeven, I should've had more realistic targets and adjusted the size accordingly.
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