This is a conviction trade. I need to believe that this d1 bullish engulfing occurring via d1 line chart/ mega fib3 also completed a WR3B.
Went up and down and seemed stopped at 13TL by end of week.
Trade is only wrong when price drops below the Wr3B support zone
I am just glad that this trade was not a lose trade, as I ran away just before gbp news, something which i had earlier stated that this is the news that will drive the price to move.
In the end I was left with only 1 position to take advantage of this move but I was happy that my TP level was good enough to secure profits before price came down.
My conclusion is : better Entry price may have helped in stronger psychology to hold this trade, but at the same time I am happy to escape from a loss for this trade.
However, I tempered with other positions as the past few days price kept bouncing up to +100, and then drop -100 . Finally, I decided to take profit at 60 pips for 1 of the pos.