POSSIBLE EURUSD LONG setting up

By EightfoldPath
Updated
Previous month candle closed positive. Price has tried to close below the 1.15000 level the previous 3 weeks in a row and has been unsuccessful every time. The day candle by the close of Friday has engulfed the previous day. Looking for a pullback to the 1.14725 area before entering long.

3.17RR

ENTRY 1.14725
STOP 1.14260
TARGET 1.16200
Trade active
Trade closed: stop reached
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