TradingView
Tradingstrategyguides
Sep 12, 2017 4:57 PM

EURUSD 4H Retest Previous Low Short

Euro Fx/U.S. DollarFXCM

Description

I entered trade on a 15m morning star bearish candle pattern @ 1.1966.
TP @ 1.1825 previous sup/res level.
Macd Blue line is about to cross below 0 level line.
Trade is good while price remains below 50 sma and Macd 0 level line. These can be used as your SL signals.

Comment

Price did break below 100 sma and 1.9000. I always take 1/2 position off at 50 and 00 levels. You can re-enter below those levels or just let the balance run.
More