That was an excellent entry, but not finished yet. Will it reach the target?
Have you changed the view about it being just a bounce before going lower? I think it has potential to become a good support level, since it has been a bounce with some volume.
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I generally have a few targets and we have hit the first which secures the trade. This can go much higher, but I still want it lower overall :).
If we want to go on a bull run then I believe we need it lower. It could just range though for quite some time and pick up the required orders that way. For now I'll just keep trading in and out, but my main focus is still on the Forex markets.