Technical entry signal short on 07/25 @0.99068. Entry trigger @0.98768. Price is currently sitting on support around the 0.98750 level, but has penetrated the bottom of the triangle.
Criteria: I entered this trade early, probably too early, today @0.98723. I would like to see price action close below 0.98765 and the 9 period EMA below both the 14 and 40. Further, RSI needs to print below 49. If these criteria are met I will add a couple more lots. Initial target is currenlty @0.97460.
We'll see how today (perhaps the rest of the week) plays out.
Criteria: I entered this trade early, probably too early, today @0.98723. I would like to see price action close below 0.98765 and the 9 period EMA below both the 14 and 40. Further, RSI needs to print below 49. If these criteria are met I will add a couple more lots. Initial target is currenlty @0.97460.
We'll see how today (perhaps the rest of the week) plays out.
Trade active:
20 pips from TARGET ONE
Trade closed: target reached:
1 Lot taken off the table with three still active. Will be posting new chart with those targets later.
