DislikedPhillip,
now it's understood - and your example caused another question. Sorry...
At point C (continuation pattern) the price seems to be too close to 1.3200, a "special" price level. Would or do you have entered that trade? If so, then I think S/L would be set to 21ma? Please be kind and tell us what you have in mind if you have entered that trade.
Manymany thanks again for your work.
Freewheelin
(a german in greece)Ignored
When the price is finding support on the 89SMA twice in a row the speed is slow etc.
Currently the speed of the EurUsd is slow to very very slow as it is around the 200SMA and 365EMA lane
The price then tend to hoover around the support an resistance levels untill the speed changes.