I’m really pleased with my read of the market, mark up and execution of the trade today.

After interaction with the D1 EQZ key level at 11693 and fell back down towards my entry, I was cursing myself for not taking the +1.5R that was on offer,  however I held on and trusted my instinct that price was going to head up to the 1hour ema, sitting just above my profit target.

The H1 MAB pushed price back down for a short time, but the H4 EQZ midline at 11663 maintained support, and price began to rise, up, up and up!

In hindsight, and in my dreams, this was a trade I would have loved to ride all the way up to the top, however I’m happy with the 2R profit realised from this trade. I didn’t trade the afternoon session so missed all of the later action.