The reason for the hyper trade was because there was major weekly and daily horizontal support at the 1.6230 level The 4hr chart had been forming multiple higher highs while creating MACD divergence. Hourly price action had formed an ascending triangle, MACD also had major divergence.
Missed a potential scale in at 1.610
Stop : 40 pips which was above the pivots R1 level Target : 365 pips which is a horizontal support level, also is the long term 0.618 Fibonacci level
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