EURUSD has been bullish for some time. Expecting that bullishness to continue till it hits the 1.2000 level. A clear order block can be seen at the 1.19200 level. I'll be expecting price to fall to the 1.19200 level before expecting further signs of bullishness to the 1.2000 level. A possible 80 pips move. If price does not pullback to the 1.19200 level before hitting 1.2000, keep away from the trade. Stop loss will be at the 1.188766 level.
Trade closed: target reached:
EURUSD missed the entry by a few pips and shot to the target. Missed entries are especially painful when they go right where you forecasted. Good thing is we got the direction right. We live to trade another day. Don't forget to follow my profile.