Ok, This 15M trade worked out EXACTLY as planned and if so inclined can bank the +64 pips. Now that the bat has been completed (prices have actually exceeded the X point on the 15M TF but not the 1HR TF), should you go SHORT on the bat? As you notice in my title, I am only UPDATING this trade and not CLOSING it.
MY TRADE PLAN That's will need to be each person's individual judgement. For me, I am NOT going SHORT and I am NOT taking any profits from this bat. Why? First, I don't really trade 15M TF's as anybody who follows me knows. Second, I used this 15M bat as a trigger to go LONG for the Shark + Cypher trade I posted (see Related Ideas: "TRADE: AUDUSD: BUY@0.69170 LONG On Shark + Cypher"). So even if prices should decline on this 15M bat, I will hold my LONG positions for the longer term trade.