There was a nice reaction off of that area, about 160 PIPS
Note: On MT4 (U.S. accounts) – If you have more than one position you can exit one of them with a market order. If you set a stop loss or a take profit order, all positions will be closed.
This was a nice move that pushed higher in an orderly manner on Thursday night. The price is now, (Friday Morning) just under 200 points higher than where I exited.
The trade was opened and shortly thereafter there was sharp selling. This allowed for a breakeven stop to be entered.
After a while I moved the stop loss lower and also had a take profit order in.
Then it was decided to move the stop loss to +100 points profit which is where the trade was closed out
Charts101 Trading 