5m Price consolidated around a 1hr Resistance. It was a choppy consolidation, but looked like consolidation nonetheless.
Price broke out of the consolidation and beyond the resistance before pulling back into the consolidation and to a 5m uptrend line.
Price formed a bullish tail bar which I used to get in with. I was a little later than normal with my entry as I wanted a little more confirmation given the choppy nature of the market so far today. However, this will seriously reduce my RRR.
Price acted out a stairstep pattern so I trailed the lows with my Stop Loss.
Price went as high as 1.5RRR before coming and ultimately giving a little more than Break Even. Given that it wasn't a breakout play, would a committed 1.5 or 1 RRR have been better?