can you see this big red trend(draw it on your trade platform) and 2 fibo (4hour and daily chart fibo) so
red arrow is very important place =1.18460
this big trend break is Turning point , break it will start wild + trend on eurusd to minimum 1.2000(fibo 61% of daily chart) or fibo 161% =1.26000
note=on daily chart ichimoku cloud is in 1.1870 too
advice= main trend is + DONT PICK SELL ,LOOKING FOR BUY IN DEEP or buystop on day high , if you pick sell now and remove SL , on high you will margincall (in red arrow you can put sellimit but with SL and trailstop near 20pip(200 in 5 digit brokers) )
if you have buy, wait until 1.2000(can take 20 day) , after +50 pip profit,move sl to open price,let it go upper
red arrow is very important place =1.18460
this big trend break is Turning point , break it will start wild + trend on eurusd to minimum 1.2000(fibo 61% of daily chart) or fibo 161% =1.26000
note=on daily chart ichimoku cloud is in 1.1870 too
advice= main trend is + DONT PICK SELL ,LOOKING FOR BUY IN DEEP or buystop on day high , if you pick sell now and remove SL , on high you will margincall (in red arrow you can put sellimit but with SL and trailstop near 20pip(200 in 5 digit brokers) )
if you have buy, wait until 1.2000(can take 20 day) , after +50 pip profit,move sl to open price,let it go upper