first monthly strong bullish candle close for a while, current ABCD in play, retraced 38.2% and now will move to fib D level at 1.15
The pair gapped above 1.14 and has had a daily close above this round number, so potential further move to the upside
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HProTrader
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I moved my stop loss to break even and then got stopped out, looks like EURUSD is not quite ready for 1.15, and will do a deeper retracement before moving up
Due to the consolidation nature of the pair and tight stop loss at the retacement level, my position risk is only 1% of account size - may add to the positon if we have a breakout to the upside