First Entry was at 1.1362 Second Entry is pending order at 1.1378 Stop is at 1.1407 Target is at 1.1317
I have 5 reasons to sell EURUSD for a daytrade.
1. Currency Strength Meter USD is strong EUR is Weak 2. Trendline Support 3. Support Zone Intraday 4. Market Profile from yesterday 5. Bearish Divergence Signal
The Rules: If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
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