Selling EUR/USD

2015년 7월 28일Looking at the following to sell EUR/USD:

- inside bar
- 50 ema rejection
- resistance at @1.1100
- Fibonacci cluster:
- 0.786 Fibonacci level rejection from previous swing high to swing low and closes below
- 50% retracement between first swing high at the top of the trend line and closes below
- trend line rejection
- Stochastic and RSI convergence

entry - below low of inside bar
stop loss - above high of mother bar
target - previous swing low or lower