EA Sell H1 13-07-15
Overall trend on EA
EA sell on H1
Explanation of the trade:
1. Waited for the PA to break Asian session low
2. Waited for the PA to break and close below heartline of channel AB
3. Trade away from DOL
Profit target was set as per the following points:
1. Low of the channel AB
2. Prev week 50% fib level
The above two confluences gave good ideas for PA to act as support.
Kindest Regards
Overall trend on EA
EA sell on H1
Explanation of the trade:
1. Waited for the PA to break Asian session low
2. Waited for the PA to break and close below heartline of channel AB
3. Trade away from DOL
Profit target was set as per the following points:
1. Low of the channel AB
2. Prev week 50% fib level
The above two confluences gave good ideas for PA to act as support.
Kindest Regards