Good Risk/Reward for EURUSD. however ,i strong bias as increase Fed Fund Rate. maybe it's just a while for Long position and it's will be back to natural strong trend to USD so EURUSD maybe continue going down trend. or the market will be surprise us by increase interest rate but USD are going weak? IDK ,finally let's market respond it's. we just take a good Risk/Reward. Mr.market are the real Boss ,Keep remind it guys.
Comment:
it's a reversal signal ,you can also see the reversal signal at another USD pair on FX. this action can be to early to open Long position if you're a Trend following trader ,you can wait until the MACD line cross going up then take a Long position. DYOR guys. take care your risk.
Comment:
Guys ,finally it's going up. it's take stop loss since 24 Nov ,But i start long position again at 25 Nov. let's see where the market will bring price up ,But keep remind it's can change to going down anytime (the EMA line in MACD still not cross up) maybe it's going up just for a while. my target is 1.13686 and 1.14457 or upper if that time the price are make some pattern or something to change the trend. i'll be make the decision about my position agian. Now i'll continue monitoring.
Comment:
Now i just wait for EMA in MACD are going cross ,for i will let the profit run to my target. if there,re not something wrong happen i will not exit my Long position until the technique are con firm the divergence to up trend. i will looking for adding some long position soon when it's make a lower price than now(IDK what it's call in English it's invert rebound)
Trade closed manually:
guys ,finally i close my position. i think this is enough for this week and i will find new opportunity to open long position. i just want to take profit and waiting for the confirm divergence signal. see you in the new publish idea share next week.
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