Mistake made:
Was expecting price to go back to the 23sma for a test and look out for a reversal pattern there but I got impatient and entered too early at 1.5908 with a 30pip stop loss and I got stopped out.
IF I STUCK TO MY PLAN
Then the following would be the correct entry:
1) Price tested 23sma on the 1hr chart
2) 5min showed a long rejection followed by a Dark Cloud Cover pattern.
3) Entry would be the close of the Dark Cloud Cover candle.
4) As of 19:00 singapore time, it would be a 70+pips profit.
5) However I am expecting TP to be at 1.5770. However, I am not re-entering the market as there is NFP at 20:30 singapore time.
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