Is it time for this upside to reverse? I have placed a short on the dollar with quite a tight top loss in case I have read the reversal wrong. 1hr MACD histogram is showing a reverse in trend to the short side 1hr & 4hr Stochastic MAs have crossed and are starting to enter momentum territory
Trade closed: stop reached
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Perhaps its not time for a reverse! orrrrr my parameters were too tight... let's see how it plays out over the coming hours