eurusd long.
price has come back to previous resistance, now support area and bounced off of it. also bounce off 8/21ema area.
signalcandle is highly emotional and trade goes against daily 89sma and macd divergence.
I have entered the trade despite these facts due to upcoming long volatility.
trade is rsi8 and macd supported.
if daily 89 breaks I expect price to rally further north.
sl=100 pips, 1/2tp=atr21=62 pips, tp=na.
edit:
price dropped by start of us session and almost hit sl.
now it is slightly below entry level, might still set daily 89sma under pressure.
edit:
1/2 tp hit, trade be, waiting for further move up
price has come back to previous resistance, now support area and bounced off of it. also bounce off 8/21ema area.
signalcandle is highly emotional and trade goes against daily 89sma and macd divergence.
I have entered the trade despite these facts due to upcoming long volatility.
trade is rsi8 and macd supported.
if daily 89 breaks I expect price to rally further north.
sl=100 pips, 1/2tp=atr21=62 pips, tp=na.
edit:
price dropped by start of us session and almost hit sl.
now it is slightly below entry level, might still set daily 89sma under pressure.
edit:
1/2 tp hit, trade be, waiting for further move up