Entry: 0.71465
SL: 0.7185
TP: 0.705
This trade was knocked in this wed (27th Feb 2019). The reasons why I went short is listed below:
This week has not been an easy week! But still keeping my eyes peeled open for more opportunities!
SL: 0.7185
TP: 0.705
This trade was knocked in this wed (27th Feb 2019). The reasons why I went short is listed below:
- Whilst market reacted above the ascending trendine support (in red), it failed to surpass resistance at 0.72100
- Market then broke below ascending trendline support and also spiked below 55 period EMA
- At the same time, MACD showed a 'death cross' and also broke below '0' meaning it has entered bearish territory.
This week has not been an easy week! But still keeping my eyes peeled open for more opportunities!
Giao dịch đang hoạt động:
Moved my trailing stop to 0.713 to protect profits... Locked in about 0.23%
Trade is now risk free!
Trade is now risk free!
Bình luận:
Trade is still going well despite the gap up this week. Price has pulled back and covered the gap.
Giao dịch được đóng thủ công:
Target reached.
+96.5 pips (+1.35%)
Over a period of 1 week, 28 Feb to 6 Mar 2019
+96.5 pips (+1.35%)
Over a period of 1 week, 28 Feb to 6 Mar 2019
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
