I had concerns about entering due to the upward sloping weekly 3SMA and lack of broken trendline resistance. However the monthly 3SMA was down and the weekly can go positive on corrections. Although it wasn't the highest scoring trade, I felt on balance it was worth a shot. I'd identified the area long before, and certainly did not rush into the trade.
Once again, placing stops well through X (35 pips) paid off, as price did fake out a couple of times (to within 15 pips of my stop waaaaa) before eventually falling (phew).
I originally entered with 50k, but closed 10k at -8 pips to allow more room on the stop. Turns out this was not necessary and cost me a bit in foregone profits, but I'm comfortable with the decision as it showed good greed control.
Profit taking was the weakest link, with a slight lack of discipline leaving 10bps on the table, but I think the conservative exits were understandable given the recent dry spell and rising weekly 3SMA.
