H4 candle closed under the biggest downward trend line. SELL
Updated
The most recent H4 candle just closed under the biggest downward trend line. This should be a good signal to sell. TP 1.13700
However, I personally advise you to take profit whenever the downward momentum seems to be eased or move your SL to break-even when you have earned 30 pips. Opposite spikes and volatility in this month have caused too many nightmares.
However, I personally advise you to take profit whenever the downward momentum seems to be eased or move your SL to break-even when you have earned 30 pips. Opposite spikes and volatility in this month have caused too many nightmares.
Note
MACD in H1 is forming the death cross. Once it's formed we should be ready to go. Keep an eye on 1.13900 support level as the price may stop there.Trade closed manually
Price is boosting up again that makes the direction unclear...Note
All indicators point to sell side and the biggest downward trend line has been breached. If the price makes it back into the trend line, then re-open sell near the trend line can be considered. Before that, I personally suggest to wait.Note
*all indicators point to buy side
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