The formed and then the next 4H candle moved up to touch the R2 line which coincided with the fib retracement lines that I drew on the fib line itself.
My entry price is 1.1335.
My stop loss is a few pips above the high at 1.1377.
I've set my take profit as the fib which is 1.1263.
If I'm correct, I can see the EURUSD falling further than my take profit level and into the 1.200 area.