FX:EURUSD   Euro / U.S. Dollar

Simple and objective.

Price is reaching between 50% and 61% of the previous move upward.
Support at 1.21700 +-
Price is approaching to the trend line .

Overall move is up.

buy order placed at 1.21730
stop loss at 1.21370

Good Risk Reward .

If price breaks the trend line we will be going to at around 1.20880.

*** This is only for my records. ***
Order cancelled: Missed entry by approximately 28 pips.
Price didn't reach my 61% retracement.
This trade could have been an amazing trade I had risked 36 pips and could have profited at least 300 pips.
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