Price pulled back to BSL zone and bounced off of it forming an engulfing candle. The 8 and 14 EMA cross confirmed this entry. Take profit is at last swing high and stop loss is 2x ATR. Lets see how this trade plays out.
This trade hit the take profit and closes out for a profit.
Price pulled back to SSL zone. Price formed an engulfing candle and the 8 and 14 EMA cross predicting a trend change. Take profit is at last low and stop loss is 2x ATR. Lets see how this plays out.
Closed this trade out for a loss. Price has broke the down trend and is now in a new trend.
Just executed a short trade on this pair. Price pulled back to a strong resistance zone and show signs of slowing. The 14 and 8 EMA also crossed on the 1h time frame. TP is at the last swing low and stop loss is at 2x ATR on 4h time frame.