Entry: 1. MACD Bearish Divergence on Daily chart 2. 1-2-3 Setup 3. Break of resistance trend line
The plan is to open your position on the Trend Line break around the 1.33500 price point and hold that position until we reach the 1.28500 price point, just before we bounce of the support line at 1.27770.
Comments
MarcusWyatt
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This plan has not panned out completely. After the weak Jobs data out of the US the Bulls took over and currently price action is around 1.32549 level. So I've changed my view and believe we may be in for a good Bull run.
rbtrader
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Good Trading.!
MarcusWyatt
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Closed the original deal for a nice little profit of $1300.00. Opened new deal around USD Initial jobless claims announcement for an additional $900 profit so far... happy, happy...happy!