This trade would be a .618 continuation after the recent ABCD correction. Stop is relatively at the bottom of the channel with targets at the next possible region to see some resistance. Close half the trade and let the remainder continue onto the 1.272 or 1.414 extension etc. Buy limit entry or 1hr tf bounce.
Trade closed manually:
Pattern is slowly breaking down. Was expecting this trade to hit TP around this time, however we are still quite some distance away. Still a great trade. ~400 pips profit. ~60 pips of drawdown. Duration 62 days.
