The EUR fell to my predicted retracement levels of 1.2557 and rebounded. Though I missed the perfect entry (as I forgot to place an order to long the EUR at 1.2570), I managed to long the EUR at 1.2584.
As of the time of posting this trade journal, the EUR has closed the week at 1.2835. Not a bad entry, as the EUR has never come near my stop loss since the entry was made.
Have taken partial profit and moved my stop loss to breakeven. For the coming week, could retrace to 1.2720 - 1.2775 regions, before continuing its push to higher levels. Try to look for long entry around this region or if EUR breaks 1.2883. The EUR has potential to reach 1.3200 - 1.3250 regions.
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