Although price provided us with a pain-free move to our initial target level it looks as if price is now returning to my entry point & I may be stopped out for breakeven on the 2nd half of my position.
It'll be interesting to see how price action reacts at the retest of these highs. 2nd chances aren't as good as first strikes so I will certainly look to be conservative in my approach, but we may see a back and forth consolidation until Wednesday's & Rate Statement.
If price were to break above our previous highs 9860s-70s looks like the next good level to look for potential shorts.
Forex Trader & Trading Coach
You are absolutely right . I didnt notice the push from 0.5. i though it was just a retracement. great point for trend continuation trading . Im just watching different pairs in 4h from previous years . I can see the nuances and the patterns .