Kumowizard
Short

EURTRY - Sell some based on 4 Hrs break

FX:EURTRY   Euro Fx/Turkish New Lira
95 1 2
Daily: No major Ichimoku signal, rather neutral in terms of Ichimoku . Kumo is flat and thin, Tenkan and Kijun are both flat too. Chikou has no real information either. Yes it is a wide range with some descending angle.
Use rather classic indicators here to determin possible short term swings: MACD sell signal, Slow Stoch bearish .
Daily carry is excellent positive too to keep short EURTRY             .

4 Hrs: Small bullish trend line broke, and retested. That meant also a Kumo and Kijun retest. Ichimoku lines point bearish , but no momentum yet. We need to see a break of 2,8570, then probably DMI will switch bearish too and also ADX will pick up above 20.

Strategy: Sell 1 Unit, Stop at 2,8660 (or higher, depends on your money management). Add to position on break below 2,8570. Tgt             is 2,79-2,80.

Quickly reversed again. Position stopped.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out