Entry on bullish pullback with USD showing relative strength. 20SMA crossing over 50SMA, upward trend on 15min/hrly/daily charts, currently trading over 20 & 50SMA on hourly. SL below support on hourly, entry just above pullback. Entry at half position, 2nd position entry once trend breaks resistance of 117.6
Trade active:
2nd position place for 117.65 after breaking resistance of 117.6 confirming bullish trend continuation. Higher lows on the hourly and trending over both SMAs
Trade closed: stop reached:
Stop loss reached for 10 pip loss on full position. Trend broke through support on hourly chart.