âś…Exit 50% of your positions at target 1 and let others roll, if they hit SL it's ok you have made rough profits already.
âś…Strategy used? Break of Structure - Price broke out of 1.04118 area (BOS or Shift area) and by default is supposed to incline up to 70.00% to 88.60% Fibo level of that pump that broke market structure. Ideally entry would be if price get back to our fibo level, we would look out for signs of rejection before executing trades.
âś…Risk Management? It is important that you do not risk more than 2% ( recommended 1%) of your account per spotted trade. Assuming the trade wins with RRR of 1:2, and you have lost your previous trade, automatically you have covered your previous loss with the good one.