It is far out of its boundery of BB800 and waiting to come back.
Now we can see a cross on the .
Hopefully it wil rise towards 112.360
Start small and add to the trade while it goes in our favor.
I use the EMA14, starting fromout of the daily chart. I see the move of the trend and also if there can be a possible pullback. From that point I go to shorter timeframes until 1H.
the Heiken Ashi Smoothed is better for showing the momentum of the trend. This combined with the MACD true, I can definitly identify some direction and moves.
On the higher timeframes I start with very small positions that I will lever up after 150 - 200 pips and I leave them open until the new cross of the EMA14.
Also the EMA14 is the retest line for a pullback, So my SL is about 10 pips on the other side of the EMA14.
Look the indicator for the smoothed on internet or send me an email and I´ll send it to you. No problem.
My email is: email@example.com