Excellent post and chart !!! should be archived. :-)
Dislikedwell we had a news move that took us back into the resistance area.
at the resistance are 1.5480 we saw supply hitting market I have marekd up chart for rest
gu moves in 50 pip packages , when we see strength or weakness we know the next move should be at least 50 pip , this is how I get intermediate targets. I also use prior areas s/r and value areas . Note way how the move was capped by resistance , when you took the long you were only a few pips under that resistance , better to wait for mark up thru resistance then a low vol test
my...Ignored