Break to the upside

Morning, it would appear that Tony has continued his move to the upside after an overnight consolidation and has just closed outside the box set last night at 1.6755. I have therefore entered long, with a 100 pip catastrophic loss and will look to hold the trade unless it closes back inside the box. Profit target could be the 200 SMA at 1.6821, 65 pips away or I may wish to see if it will retest the previous highs at 1.6921 and 1.71210 (I wish). Either way, I am in. Chart to follow later.