Please note the following rules below for entry to the upside:
Price action remaining above the 200 and the green horizontal .
Price action breaking above the 81.085 level of short term resistance to the upside and preferably closing above this level
Enter on momentum above 81.100
Profit whatever you can get, but the 81.900 level is the final target for this pair as the possibility of a large sell order around that area is high
Stops at around 80.200
This trade will lose its potential if the first rule becomes no longer applicable. For example if momentum pushes price action substantially below the 200 and green horizontal .
You will find that my style of trading often holds a greater risk than reward, however the potential of price action moving in the favor of my position where profit can be liquidated and banked before price action moves against me is very high when the rules are followed.
If you find yourself liking my style of trading please feel free to follow me as I will post potential trades like this rather frequently.