Dislikedi'm thinking about this trade, and I am curious, its not a BE trade??
where was a first target?
THXIgnored
1st targets would be the 1st previous bar Highs on the GbpAud.
Yes it could have been a breakeven trade. But notice that Price still could not close below the HCR levels on the Daily. You could have re-entered the trade.
Or you could reduce your risk a bit and wait for a Daily bar to close below the HCR level to take you out.
Or wait for a 4 Hour to close below the Daily HCR level to take you out.
Or wait for a Hourly bar to close below your Daily HCR level to take you out.
Jim
Indicators show the past. Price Action "Indicates" the future.