So i went in on a sell last night around the 1.2500 mark with a stop loss at 1.2750. When I woke up this morning it was at 1.2300 so I was 200 pips in profit but my T/P was at 1.200. Instead of getting out, I wanted to wait it out til it hit T/P because my analysis showed it should reach that point.
Instead, it completely reversed to 1.2800 and I basically undid all my profits from last week. It definitely sucked.
Anyone have this happen? Really just wishing I got out while I was 200 pips on profit. Think this is just a temporary retracement and will drop back down later on today?