After some up move, FSLR retraced back to 5 EMA on 15 min. 5th bar resumed the trend. Entered on the break of 5th bar high on 15. Took partial at 1R. Treated the remaining as C&H, completely exiting at 50% extension of the pattern. Normally the targets are 100% extension of the pattern but in these markets, I have been setting 50% as the target for C&H. Since it formed early in the session, there were high chances of reaching 61% FE which Jim of Wall St Warrior usually sets as his target. It did reach that level before reversing.
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