With a break of trend line, a cross of the 15SMA and 5EMA and momentum indicator below the 14MA, there is a fair chance of a move down from here. The MACD has crossed but the lines are very close together due to recent positive and negative price movements. I have started a SELL trade so hope to see some downward movement in the coming days.
Trade ist aktiv:
Move stop to break even / small profit
Trade geschlossen: Stop wurde erreicht:
Moving stop to break even, helps when the market moves against you. It's a good habit to get into. Even if you might lose out on some deals that stop you out then move in your favoured direction, it's a good money management habit.