Hi I took this trade yesterday
EUR/USD H4, Entry H1, Price trending upwards, the PB at 1.3860 closed below the 1.3900 RN,
So I waited until price closed on H4 above the 1.3900 RN ,PPZ , 61.8%fib. with trendline long ,support at 1.3900
My entry was on the H1 TF ,BUOB Engulfing two previous bars.
Entry 1.3935 Stop 1.3856 TP 1.3988
Moved to B/E at 1.3960 slow momentum.
When price did hit my alarm just before TP ,I moved TP above 1.4000 RN
to 1.4016,seeing if price would move up.
tightened my stop to 1.3970,got taken out in evening.
successful trade.
Critic please
Thank
D
EUR/USD H4, Entry H1, Price trending upwards, the PB at 1.3860 closed below the 1.3900 RN,
So I waited until price closed on H4 above the 1.3900 RN ,PPZ , 61.8%fib. with trendline long ,support at 1.3900
My entry was on the H1 TF ,BUOB Engulfing two previous bars.
Entry 1.3935 Stop 1.3856 TP 1.3988
Moved to B/E at 1.3960 slow momentum.
When price did hit my alarm just before TP ,I moved TP above 1.4000 RN
to 1.4016,seeing if price would move up.
tightened my stop to 1.3970,got taken out in evening.
successful trade.
Critic please
Thank
D