DislikedNice trade... eventually it had to turn 50-100 pips... we also had no US related news today, so it was enough time to retrace...
Couldnt have gone another 200pips without any reasonIgnored
Notice after the initial engulf when price turned and a fresh H4 level formed and then price retested it before moving onwards. I see this time and time again and these are the lowest risk trades you get (without getting burned trying to picking tops or bottoms on higher timeframes!).