The EUR could be bottoming out ... hence I looked for opportunities to long the EURUSD. On the 30 min chart, I saw the potential BKO and I made my entry when market broke the BKO.
Entry: 1.4705
SL: 1.4620 (This was later shifted to 1.4705, when the price went to 1.4805)
Result: THis trade was closed at breakeven when EUR retraced back down to 1.4670 regions after hitting a high of 1.4805.
Sigh ... should not have adjusted my SL to breakeven so soon ... Now the EUR is trading at 1.4885 as I am typing this trade journal ... SIGH.
Now I wil have to look for another opportunity to long the EUR again with the target price around 1.5300.
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