I think I closed this morning's long trade prematurely.
Note the 5 minute "order block" candle, which unsurprisingly, failed miserably. I believe buyers will want to get involved here on any pullback we get now. If I had sold this "order block" I'd certainly want to close (buy) here.
(5 minute chart)
Target, shown on 4 hour chart image Is at 1.06247. Leave a small position in case we are bullish for the next week.
(4 hour view with new target)
Note the 5 minute "order block" candle, which unsurprisingly, failed miserably. I believe buyers will want to get involved here on any pullback we get now. If I had sold this "order block" I'd certainly want to close (buy) here.
Target, shown on 4 hour chart image Is at 1.06247. Leave a small position in case we are bullish for the next week.
Trade closed manually:
So, price just hit the level I was looking to buy into. I didn't get the full pull back for an entry. Interestingly, I closed my first buy at 1.05734, the exact number my broker retraced to before the continuation, should have looked for an entry around there, but hindsight is a wonderful thing.
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