(iT60) Simple pullback entry

This is a very common technique used to plan an entry by placing a buy stop above the last candle high.
The ATR at the point of entry was about 14pips and I typically use a 1.5 to 2 times ATR.
The trade is still opened at this point and time and i'm waiting to move my stop loss higher to protect
my profit.

I do not know the extend on this rally but I know momentum was strong and a breakout has taken place
yesterday. I'd try definitely to stay in the trade as long as possible with the trend.
Chart PatternsHarmonic PatternssimplepullbackTrend Analysistrendtrading

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