Due to strong downward pressure and incoming risk events (NFP) please reduce your position and set tight SL.
It's 1D chart, so we stay with one profit target: ~1260
Entry zone : 1235-1238
Trade responsibly.
Trade active
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Very precise entry, so far $8 move...
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Lets see if it develops potential reversal pattern (iH&S) on 1H chart:
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We are almost at our Target profit around 1260 (20$ profit), due to tomorrow's event (ECB) lock in profit or use reasonable Stop Loss...congratulations everyone :).
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iH&S pattern worked out perfectly.
Trade closed: target reached
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Congratulations everyone who was in this trade. We have reached the TP already: