UPDATE #1: TRADE: BUY@1.31650 On Bat TP1 Hit (+70 pips)

Update on this trade I posted (see Related Ideas: "TRADE: BUY@1.31650 Completed Bat Trend Continuation Pattern") about buying on the completion of the bat, prices have hit TP1 for a profit of +70 pips. I will close 25% of my positions (closing 1 order, holding other 3) and hold the remaining 75% for TP2. If/when prices reach TP2, then I will decide what to do next depending on the price action. For now, I have moved my stops to B/E so this is now a no-loss trade.

I am expecting that this is the beginning of the wave (v) up into the ending of the wave (iii) of (v) for this pair.

*DISCLAIMER:
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

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