Hi investing101;
I like the idea behind what you are doing here.
But if there's one thing that really annoys me it's when people start to make predictions about Market movement and then think, naively, they have the power to predict the Market.
The Markets don't give a s@$t about us and what we think.
The USD was Bullish across the board on Wednesday 17th caused by the news events highlighted in the image below.
If the news release had gone the other way your prediction of a EUR drop, back, below 1.24 would have been totally wrong.
I was more interested in last weeks Bullish Engulfing close because that has happened, fact, and it's there for all to see.
I was waiting for Momentum to Break above, and then test, 1.25 RN before looking for Bullish PA to go long, which never happened.
The reason for this plan of action was based on what the Market was telling me and not what I thought it should do.
This is just a personal thing of mine I hope you don't take it too personally.