Risk reward for tp 1 is 1 : 4 ( 50 pips profit).
for me if the momentum strong enough to break 1.17500 resistance can hold until 1.18000.
Remember what we want to do is let the market profit for us not to chase the market alright ?
As a trader we need to trust our setup of trap and hunt for rabbit haha, I suggest you guys can layer in the golden zone, once it go to tp 1 just close up and left 2 to 3 order keep running, until that time remember to set Break Even as well which is move your stop lost to entry point.
for me if the momentum strong enough to break 1.17500 resistance can hold until 1.18000.
Remember what we want to do is let the market profit for us not to chase the market alright ?
As a trader we need to trust our setup of trap and hunt for rabbit haha, I suggest you guys can layer in the golden zone, once it go to tp 1 just close up and left 2 to 3 order keep running, until that time remember to set Break Even as well which is move your stop lost to entry point.