Euro / Dolar A.S.Singkat
Short again!
Signal to sell short based on negative reversal patterns on price/RSI & CFG indicators on 8-hour chart (shaded areas); also, lower time-frame indicators were pushed into overbought territory and have rolled over.
If price is within 20 pips of my stop-loss near the end of the N.Y. session, I'll raise it temporarily just to avoid getting hit by the widening spread.
1st target is at 1.05739; will buy back 1/3 of position in order to (hopefully) lock in partial profit and/or to limit risk.
Will adjust stop-loss as price declines, based on shorter-term indicator cycles and price structure.
Highest probability 2nd target (indicated by tightest negative reversal on 8-hour chart) is at 1.04719; will tighten stop-loss on 1/2 of remaining position if reached, and will continue to trail.
3rd and (possibly) final target is at parity, as calculated and explained in my last post.
Update @ 01:42, May 13: stop-loss on full position moved to 1.06286.
If price is within 20 pips of my stop-loss near the end of the N.Y. session, I'll raise it temporarily just to avoid getting hit by the widening spread.
1st target is at 1.05739; will buy back 1/3 of position in order to (hopefully) lock in partial profit and/or to limit risk.
Will adjust stop-loss as price declines, based on shorter-term indicator cycles and price structure.
Highest probability 2nd target (indicated by tightest negative reversal on 8-hour chart) is at 1.04719; will tighten stop-loss on 1/2 of remaining position if reached, and will continue to trail.
3rd and (possibly) final target is at parity, as calculated and explained in my last post.
Update @ 01:42, May 13: stop-loss on full position moved to 1.06286.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.