I exited my positions at 1.1773 because I felt the market was overstretched near resistance and I preferred to protect capital rather than chase uncertain continuation after a volatile session. I locked in profits and sent the withdrawal request because I value discipline more than adrenaline and I recognized that the probability of a bearish pullback was rising with every hesitant candle near the highs. I avoided unnecessary risk because I understood that late entries during consolidation often turn into emotional mistakes and I wanted clarity before committing to any new directional bias. I analyzed the dollar index and I noticed that long-term support remains fragile, so I expect the US dollar to continue weakening by roughly fifteen points even if a deceptive false breakdown briefly shakes out weak hands. I allow for an extra margin of decline because I know the market loves to exaggerate moves, so I am prepared for another twenty to twenty-five point dip before a corrective rebound begins to form. I expect that after this exhaustion phase the index will roll back upward, and I believe this rebound will provide the fuel for EUR/USD to revisit and potentially exceed yesterday’s high by fifty to sixty points. I maintain a medium-term bullish scenario because I see structural support holding beneath price and I anticipate a gradual climb toward the 1.1932–1.1955 zone where significant supply may again appear. I remain cautious even within this bullish framework because I remember how quickly sentiment can flip when liquidity dries up near key levels. I continue monitoring intraday structure because I want confirmation through higher lows and sustained closes above broken resistance before I add exposure again. I respect the possibility of consolidation because I understand that markets often pause after impulsive moves to rebalance positions and trap impatient traders. I plan to scale entries carefully because I prefer layered risk rather than single aggressive positions that depend on perfect timing. I stay emotionally detached because I know that consistency comes not from predicting every swing but from managing uncertainty with patience, clear scenarios, and strict protection of accumulated profits.
I closed the week reflecting on how Friday ended with a strong bullish candle and I recognized that the market still respected the upward momentum despite my concerns about a possible gap on Monday. I watched the price settle around 1.1826 and I felt both satisfaction and frustration because the level I expected was reached but the terminal turned off too early for me to lock in additional profit. I worried about the possibility of a sharp downward gap at the weekly open and I admitted to myself that seeing unrealized gains disappear would be emotionally difficult after such a well-structured move. I considered fully closing the long position from 1.1582 because I understood that holding through uncertainty without protection is often more dangerous than exiting early with confidence. I doubted the idea of uninterrupted growth because I saw exhaustion forming near resistance and I remembered how often the market punishes late optimism after extended bullish runs. I reviewed the remaining position from 1.14945 and I questioned whether keeping it open still matched my medium-term bias and my risk tolerance. I reminded myself that my delayed forecast still mapped the movement accurately toward 1.175, 1.1775, 1.18, and 1.1825, and I felt reassured that my analytical framework remained valid even if my execution timing was imperfect. I studied the hourly chart and I confirmed that the Fibonacci targets at 1.1778 and 1.1810 were achieved exactly as projected, which strengthened my confidence in the technical structure of this move. I noted that the third Fibonacci expansion at 1.1850 remains a realistic objective and I acknowledged that Monday could easily push price into that zone if sentiment stays constructive. I also accepted that a break below 1.1724 would immediately invalidate the bullish scenario and I prepared mentally to switch from buying setups to selling setups without hesitation. I stayed alert to the idea that consolidation might appear before any further impulse and I planned to wait for clear confirmation rather than anticipate continuation blindly. I reminded myself that protecting capital is always more important than capturing every final pip and I resolved to manage the open trades carefully with trailing stops and predefined exit logic. I ended the week feeling calm because I knew I had followed discipline, respected risk, and built a clear plan for both bullish continuation and corrective reversal, and I trusted that this balanced mindset would guide my decisions when the market opens again.
