EUR/USD, Sell entry

Dec 20, 2018

I set a sell limit order near 1.1460
Because
- 1.1465 key level
- the price made fake broke of that key level
- 1-hour candle close under it
- EUR/USD moved up 160% of its daily ATR, after such moves, there can be a pullback.
- Risk/reward 1 to 3.

Dec 20, 2018

Trade active

Dec 20, 2018

Trade active

Move S/L into breakeven. And hold till take profit

Dec 20, 2018

Note

You can reopen Sell
My S/L above previus high
Use proper risk

Dec 20, 2018

Note

Dec 20, 2018

Note

because of 6 pips the price didn't hit take profit

For me, it is a very sad moment because everything else was great.

prntscr.com/lxmtw7

Dec 20, 2018

Trade closed: stop reached

Dec 20, 2018

Note

About EUR/USD
If daily candle will close under key level 1.1464 there will be sell signal if above - there will be buy signal

Dec 21, 2018

Note

as I wrote. Daily candle close under key level and moving down from it.

Near 1.1460 you can open Sell.
But also you need to understand that EUR/USD is in the range.
There was that signal which i published.

Dec 21, 2018

Note

Dec 21, 2018

Note

Also I wait when the price will break out this range.