I can see the low risk and high reward, however, a target
of 1.5485 seems a lofty goal. Perhaps a more probably
target - for at least half off - would be a retest of the reasonably
harmonic Head and Shoulders neckline around 1.5050/80 area.
Wishing you lots of pips in 2014 !!!!!
I'm going to keep that in mind as the trade plays out. I might remove half of my position at the neckline, and let the rest run. Thank you for the comment. Good Luck to you as well. Lets see how this plays out.