Support broken down with the H4 candle closing below the support. Now we are having a retest in the 15min, which is good for entry with stop loss few pips above the support. #Make A Difference With Forex.
According to the Macd Divergence , Double Top And Previous Resistance , i think there is a high probability of a short to the Demand zone. Taking 2 Trades.
The double top , MaCD divergence and Resistance makes this a high probability of a short according to my edge. i am opening 2 trades.
According to the MaCD divergence , MaCD crossing , Resistance and previous doji Candle - my edge tells me there is a high probability of a move down. Partial take profits on the Demand zone and Second Take profit on the Next zone. What are your thoughts on this?
According to the H1 we had a previous uptrend that has been broken. I previously shorted this pair @0.66966, now i want to add another short position at around 0.66723 and holding it to the Supply zone.
I entered after the cross of the 20 & 50 EMA, there is still room to enter now to the 0.382 Fib Retracement
High probability due to Appearance of the double top plus cross of the EMAs