Hello there, I had the same setup as you and my SL was hit. How do you determine your target/27.2 extension of what?
skymtrader
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@garciafong180, My low remains the 1.03532 Level. I don't enter long until a previous high is broken usually on a time frame slightly lower than the time frame I've posted like the 1hr or 30min. Follow the levels down and wait for a clean break LONG possibly of the High that was most recently established. Todays sell off will has likely produced a stop hunt and may leave Pin Bar clues or Engulfinngs for further confirmation
skymtrader
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@skymtrader, If you press play on this you will see the stair step levels that have been established and look for a break LONG... Often times using a lower time frame chart allows for tighter stops
G-monnaay
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How do you determine your target for the 2618 trade?