Jlagow5

Bearish EURUSD

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FX:EURUSD   Euro / Dólar Americano
So first i had built a trendline on the 4hr touching the 2 most recent lower highs in the bigger picture. I then have two zones i built in the same timeframe of areas of confluence on the lower sides. Checking RSI it seems to be coming close to SMA so on the downside of things im thinking sell again. Just reaching middle of Bollinger Band and struggling. Move to 1hr and built two more areas/boxes just for a more clear vision and to help with a SL. Looking at lower volatility at the moment bc it is 5pm Central US. RSI on 1hr hoping for MA to respect the middle area. Moved to 15 minute timeframe and notice lower lows Feb 13th 8am (1.07017), Feb 13th 1:45pm (1.07011), and Feb 14th 2:30am (1.06955). Although breaking high since BIG Bullish candle early Feb 13th morning i usually like to use a halfway mark on the big candles of recent. SO using the bottom of the lowest blue rectangle ive put my sl. Also it was risking 1.5 percent of my account. Looking for a 1:2 RR while putting 1.5% of my account at risk i came up with a Take Profit of 1.06905

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