The EURUSD blew past my hoped-for buy level at 1.19. I did not enter long there, as there was no reversal pattern at the 1 hour or 15 minute chart.

This is the EURUSD with buy and sell zones marked out:

Price is now in the weekly take profit zone as well as a daily take profit zone. Also there is historical support just below.

1.1770 is were these three areas intersect, and I expect significant profit taking here.

If there is a reversal pattern around 1.1770 I will enter long. I expect a retracement of at least the 38.2 Fib. I will take partial profit there and let the profit run (or breakeven).

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