I see a good chance for a downside pullback as the price has been up-trending strongly in the past weeks.
We have reached a medium to long term resistance area among 148.00-1.4830. RSI is divergent and a four-hour shooting star candle formed.
First target reached. Stop loss moved to entry to lock profits.
Trade closed: target reached:
Full target reached
Profit(in pips) = (117 pip on first half + 214 pips on second half)/2 = 165.5.
Return on capital = 3.6%.
Note: Risk per trade is 2%