Potential 50+ pip retracement trade

Updated
Expecting EURUSD to find support near the strong psychological level of 1.20, which has been tested multiple times recently on the 1 hour chart, and retrace to 1.2050-1.2060. This retracement within this correction is in line with overall trend from the daily frame as price is still in an expanding bullish wedge on the daily chart.
Trade closed: target reached
correctionEURUSDeurusdforecasteurusdlongeurusdscalppullbackretracementscalpSupply and DemandSupport and ResistanceTrend Analysis

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