Price has moved down to within 9 pips of my target price. However, I see price starting to make lower candle wicks indicating price is starting to reject lower prices. It is still possible for price to continue lower to hit the Take Profit target but the probability is now increasing whereby price could reverse back upward to relieve a possible oversold condition.
As a result I have decided to close out my trade early for a nice profit.
As a result I have decided to close out my trade early for a nice profit.