Normal
John,Agree that if price can keep above the last bar low, it can still go higher, and in normal market conditions this would be my plan, however in this market a 100% rise accompanied by the supply that came in is pretty good, and tempting to take profits.Maybe market conditions have stabilised and it is time to let the trend run a bit rather than having fixed targets and tight trailing stops.?On a side note, these set ups are great i.m.o. usually offer good R/R and have a high probability outcome.INL on which I posted on just before the breakout a couple of weeks ago was a another example of what Tech is showing.
John,
Agree that if price can keep above the last bar low, it can still go higher, and in normal market conditions this would be my plan, however in this market a 100% rise accompanied by the supply that came in is pretty good, and tempting to take profits.
Maybe market conditions have stabilised and it is time to let the trend run a bit rather than having fixed targets and tight trailing stops.?
On a side note, these set ups are great i.m.o. usually offer good R/R and have a high probability outcome.INL on which I posted on just before the breakout a couple of weeks ago was a another example of what Tech is showing.
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