Im going to trade it when the price retrace back to EMA 8 of H4 , and my short target will be 1.14500 and Stop Lost will be 30 pips above the EMA 8 .
Price is at EMA 8 of h4 now , im waiting patiently patiently to execute the trade .
Trade ist aktiv
I have made my entry three hours ago when the candle close below Mid BB , now the candle in m15 has closed below Low BB , which for me it is sign of momentum . I will wait the price to go further first before i move my SL smaller or breakeven . Happy Trading .
My entry was 1.16110 and i have take partial of my profit and set breakeven for partial and let it ride . Plan your trade wisely .
Alright , i take all my profit for today , will look for new entry tomorrow . Im Intraday trader and i dont like to hold trade overnight or over the weekend .
If you are following this trade , please get more confirmation first before you short it , dont jump the gun immediately when the price hit EMA 8 of H4 . What i will do is that when the price hit EMA 8 of H4 , i change to M15 and wait candle close below Mid BB then only i will short it .