Pair has had divergence and Macd above 80. I entered on the red engulfing candle at 87.48. I plan to enter again at these levels as price goes down. 38.2%, 50%, 61.8%, 50 sma, 78.6% fibs. I will close out 1/2 position at a couple of areas as price goes down and re-enter with that new trade equity to keep my risk ratio of my trading balance at 2-3%. TP at 100% fib @ 87.05. I will trail my Stop as price goes down at the previous entry level.
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