The Price Action moved down significantly, about halfway into our Trading Target, and then it is retracing within a few candles.
This is the typical situation where beginners traders get scared.
Because they see the Price Action moving against them and potentially enter into their Stop-Loss area (like in this case).
So they start to get emotional and make impulsive decisions.
We, instead, stay rational and accept the fact that the Price Action can do whatever it wants, whenever it wants.
Our initial Technical Analysis is correct, and so we just stick to the evidence.
Moreover, the experience tells us that, once similar setups form, there is a very high chance that they ultimately reach the Take-Profit level.
What happens in between, and how long it’s gonna take, is simply something beyond our control and we must accept it without letting emotions take control.