Price is in route toward the 50 sma
Macd has fallen below red signal line
Long Trade
Buy Stop @ 1.8543
Take Profit @ 1.8595
Short Trade
Macd is falling
Sell Stop @ 1.8445
1st Take 1/2 Profit @ 1.8405
2nd Take 1/2 of balance Profit @ 1.8355
3rd Take Profit @ 1.8310
Re-enter trade short on a 15m break-hook-go of the 1st and 2nd take profit levels
Find an appropriate SL
Support around 8250 may provide a small bounce (grey boxes)
Main movement is probably back down to bottom and a little further. Previous bounce came at €uro support line (~6000), and there will be another small bounce here.
However, the main bounce will come from the $ dollar support line at 5400. Providing an opportunity for re-entry.
Other Markers
The...
Here, im gonna list few places that we could take into a consideration.
Both indicators appear an over-bought ( so fed up, based on 4h )
Enter(1): 0.01003189 - 0.01021294 ( If it broke, then it could lead to more than 35% due to its drop from the past )
Enter(2): 0.00748618 - 0.00802538 ( Here is my second place to re-enter )
Any comments and thoughts ? kindly...
