Still LONG on EURUSD even though my entry was terrible

The importance of patience and just waiting for the trades to come to you. I saw a pin bar formed on the Daily chart and just jumped into this trade. I should have waited and seen that price still had more room to move down. Yes I am only 30 pips down but still this happens a lot with price action signals. Don't take every pin bar , doji , etc, that you see. Make sure that it makes sense. For instance the EURUSD has been in a massive down trend and all that means what that this pin bar that formed was probably profits being taken, not necessarily a reversal. That being said I am still long on EURUSD and I will see today if I will remain in this position or not. If price closes with a big bearish candle I am out but if price ends today by printing some type of rejection candle and closing above the current support level I do see the EURUSD coming back up all though it might be a few days and that's what sucks, now I have to hold on to this trade. The USD index also has a little room to move up and has been extremely bullish . That being said it is what it is. Take time before placing trades and trade like a professional and not like some idiot who just saw a Youtube channel on trading candle sticks. Thanks for reading and good luck

Trade chiuso: obiettivo raggiunto:

I guess the target was reached although I was stopped out.