have had a clean break of ascending trendline on Daily and 4 hr 0.29% , with the 50EMA crossing over both the 100/200ema's on the breakout on 4hr indicating a change of trend. 50EMA looking to cross the 100 on the daily too. also a clean break of horizontal support of 131.88, which has had multiple high test rejections shown in the white box indicating a turn into...
reversal swing strat, RR 1:2.33, targeting 50EMA/618 retracement. Entry criteria: Oscilating market High test daily candle TL MACD divergence Sell order 5 pips below daily low, SL 5 pips above Daily high.