EURUSD 4H SHORT TRADE REVISED

Price moved above 100 sma
Price has 2 options besides moving sideways
Option 1 - Price continues up into Pending Sell area 1.1809 & 1.1830 - Sell from here - SL 1.1845
Option 2 - Price falls into Sell Stop @ 1.1767 - Take Profit @ 1.1730
If price continues bullish move above 1.1850 wait for new setup

If price falls below 50 sma
Sell Stop @ 1.1625
Take profit @ 1.1535

Watch Macd for direction and signs to close trade

Kommentera:

Sell Limit 1.1805 has been hit

Kommentera:

E/U 4H trade closed -