Losangle Formation EMA 55 crossed EMA 110 wich usually mean a reversal. EMAs have started to disperse with EMA 55 and EMA 13 ready for breaking the formation. I'm seeing here a sell opportunity
Do you reckon 1.32 is a decent target if the reversal happens?
Cheers.
PedroCorreia
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@DoW-, As a long term target, maybe... What I did was I entered 3 short positions and Im closing them as it goes, for now I already secured(+20pips) one of them and set the stoploss of the other at the entry point. So for now Im just a spectator xD
PedroCorreia
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@DoW-, I managed to enter at 1.34110 just for you know.
DoW-
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@PedroCorreia, Nice. I entered at 1.34166. Considering closing my position in a sec though. I don't think it will break the next resistance for a little while.
Cheers.