Quote Originally Posted by ;
am I right to take this transaction? picture
1. Just you know why you entered this transaction. However you didn't give your justifiion for the entrance.
2. By the chart provided you are in profit and at this time it seems trade direction is the only issue.
3. Knowing your profit goal and how it relates to a trading plan in terms of your R :R will help you answer your question.
4. It seems you've drawn in median line along with a blue box marking off a WRB gap. I assume that the gap may have been your principal reason to put in the transaction even though the entry is considerably below the box and in the context of this chart it's against market flow. Pivot C occurs basically wherever your transaction was entered so in fact the median point you drew in is an afterthought and after your transaction happened. I guess you could use it to get profit goal but again you didn't state that nor does your chart show a goal less a halt loss. There is not any other median point describing preceding price before your trade. There is some substantial market arrangement here which could be clarified.

I'm sorry if I sound rude but I don't believe you put much thought into this post and even tough I've provided a pretty good answer I will not do this later on. I do wish you well.