Buy or Sell? If Sell, it only closes when the Ask price, not the Bid price hits the Take-Profit, and charts only show Bid prices.
However, even so, depending on volatility, sometimes a move is so quick and volatile that processing is not able to accompany it.
If the price hits the Take-Profit and reverses very quickly in a very volatile situation, due to this slippage and processing delays, the position is not closed. The same can happen with a Stop-Loss.
Only when a price stays on the other side of the stop for sufficient time for processing to catch up, does the position close.
Unfortunately, no matter how fast computers and networks , there is always latency between the broker, data feed providers and the liquidity providers, and if volatility is high there will always be delays in the processing of transactions.
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