hi all,
pls can u help me determine if i am right in thinking there is a possible short on the eur/usd if the price breaks the 21 ema and the macd continues the downtrend hence giving a tc signal.
if the above does occur would you take a short on the next candle or wait for the price to pull back to 21 ema, and then enter the short as per the market rhythm?
i am still new so not really sure at what point to enter.
your opinion would be great, appreciate if you could let me know if i am reading the price action, market rhythm and macd signal correctly.
thank you very much
pls can u help me determine if i am right in thinking there is a possible short on the eur/usd if the price breaks the 21 ema and the macd continues the downtrend hence giving a tc signal.
if the above does occur would you take a short on the next candle or wait for the price to pull back to 21 ema, and then enter the short as per the market rhythm?
i am still new so not really sure at what point to enter.
your opinion would be great, appreciate if you could let me know if i am reading the price action, market rhythm and macd signal correctly.
thank you very much