DislikedI don't blame you if you entered where I have marked number 1 on my chart. Initially, that showed that price was too weak to retrace fully before continuing with the trend. However, as soon as the next candle opened and started rising, it probably would have been prudent to leave the trade, and see what else price was going to do. It might have just kept on rising (which it did, to some extent) and you would have staring at a large drawdown. However, if you look at how price then peaked between the 76.4% and the 61.8% lines with a dragonfly doji, that should have been a "heads-up" that there was a strong possibility of price reversing and continuing with the trend. In actual fact, that's what happened with price not only dropping through the 61.8% fib but the 34 ema also giving the move extra strength, in my opinion. My entry would have been where I marked the number 2, just under the 38.2% line. From then on, it would have been a case of counting your pips!!
Hope this helps, mate.Ignored
I know, you and fx1 and Islander don't need all these, but may be that will be helpfull for the new trader like me. Therefore I post all that.
Thank you for your patience!