Day Trade (2:1 risk reward)

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 14, 2017 7:22 PM

Coupled with RSI and MACD, I have drawn the support and resistance line for confirmation. During the asian session, EUR may rise to 1.068 range or slightly higher. From there take a sell trade and set your stop loss at 1.07208 and TP at 1.06038.

Relative Strength Index (RSI)Moving Average Convergence / Divergence (MACD)Moving Averages resistant Support and Resistance price-action priceaction 4hourschart

Comments

Brian_Kin

⋅ Jan 14, 2017 7:25 PM

If it does not hit your TP, close the trade manually.