The 4H charts did not shows the deviation of MACD, and also the 1H no deviation as well, that means the EU will going down again in a very short time. just wait the price step down the 20ma on the 15M chart then short it.
I will update the trading plan when the price getting down.EURUSD
Trade active
Short the EU now, and the S/L will be 1.07, and the first target will be 1.05. Gook luck.
Trade active
The price action confirm the short condition of EU, so increase the short position now.
Note
PS: 9:45 AM FEB. 17
Trade active
Complement the active, set up the S/L at same price as 1.07
Note
Move the S/L to the break-even, and let us see if tomorrow will have the chance to increase the position.
Note
I am so sorry I was in vacation and did not have any access on internet, the short order has closed at 1.0539 and took the long order in the mean time. S/L: 1.0474 Target: the deviation on 1H charts.
Trade closed: stop reached
Sorry I update the trade late, the target has been arrived and the trade should be closed. At the mean time, the opposite trade will be open at the price 1.0590 for short S/L :1.0651 1st Target: the deviation of MACD at 4H chart. 2nd Target: the deviation of MACD at Daily chart.
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