Trend formed:
Current price @ 1.4170. trend could still trend down, even I expected it would be the beginning. look marbelsat d1, has emerged a white marbels.
Position For Order:
Instan sell position.
Position 1 ==> sell limit @ 1.4238 ==> between ema8 h4 - sma5 high h4
Position 2 ==> sell limit @ 1.4295 ==> ema62 h4
Position 3 ==> sell limit @ 1.4336 ==> between ema8 d1 - sma5 high d1
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, I like to cut loss and cut profits.
Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules .