Previously we had an open short position with entry point 1.5190. Now there is a good opportunity to add to positions in the breakdown of the level 1.5026. We move the Take profit of the first position by 30 points, also move the Stop loss of the first position to the level of 1.5130, thereby guaranteed fix profit of 60 points. This profit will be possible to compensate for possible second stop position.If the level of support is broken, you should follow recommendations below:
Conclusion: we or earn not much, or well earn.
Average MACD below the zero line.
The oscillator Force Index below the zero line, but in the correction.
- Timeframe: H4
- Recommendation: Short Position
- Entry Level: Short Position 1.5026
- Take Profit Level: .4890 (136 pips)
- Stop Loss Level: 1.5076 (50 pips)