Oscillating up-trend market
+3 S/R touches
Decreasing momentum + Bearishcandlestick MACD Divergence
1:1 win ratio (TP @ 50 EMA support )
Reason 1: It's not more than 1:1 win ratio
Reason 2: It's not possible to build a very clear resistance level
Reason 3: My trading instincts tells me that this setup is fishy.
I had to sleep a bit and think a while about this setup and decided to place my entry order again. Regarding to Reason 1: My win ratio is almost 1:1, Reason 2: I watched the charts for a while again and now i have a clear resistance level.
My new reistance level has the following position:
Trade ist aktiv
Trade wurde manuell geschlossen:
I stick to my NZD/USD short setup now. Closed in profit of course.
Trade ist aktiv:
My decision changed before i closed my position. I continue to stick to this NZD/CHF setup for now.