I decided to go ahead and take profits on one (GBPJPY), and let the GBPAUD go, to see if it will run up some more. On the daily chart, doesn't seem like too much resistance for a while...
I have my take profit set right below the open price of the candle that started a free fall down (broke out of consolidation downward), so I assume that will be significant resistance going back up...
We'll see what happens. If I wake up in the middle of the night and I'm at 5:1 or better R:R, I might go ahead and TP. Right now, it's only slightly better than 1:1 of my original SL. I closed out the GBPJPY at a little less than 3:1, so not too bad...
I have my take profit set right below the open price of the candle that started a free fall down (broke out of consolidation downward), so I assume that will be significant resistance going back up...
We'll see what happens. If I wake up in the middle of the night and I'm at 5:1 or better R:R, I might go ahead and TP. Right now, it's only slightly better than 1:1 of my original SL. I closed out the GBPJPY at a little less than 3:1, so not too bad...