This is acutally a trade I entered yesterday. Entry was .89321, TP .90359(100 pips), SL .88933(37 pips). Played out pretty well and do expect it to hit the 100 pip take profit although I already closed my position around 75 pips. Simple strategy, Price is above 200 EMA so we look for buys. Price is below zero level on MACD so we wait on cross to the upside and enter on the close of the 4 HR candle.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.