DislikedThis trade has the potential of running hundreds of pips, due to the super-obvious resistance 1.18 was providing for many days. However turn on your daily and h4 chart and try to assess what important price levels lie ahead which have a good history of being used as both supp & resistance. Your take profit strategy could be taking 1/4 or 1/3 of your lot size as you see important levels being breached/rejecting the current price. Also try to pyramid on every retracement. This could be a good profit:risk trade. If price wants to retest 1.18 stay positive and let the trade run. If it breaches 1.18 then it could be a false brakeoutIgnored
Thanks, great reply!