EA makes a new trend high

2020-02-29 12:15:31

EA made a new trend high over 1.70 today. It's now up from a low at 1.16 in 2017. It is in my shorting zone, but also has not made a top as yet. It looks like it could take off higher from here. Time will tell. I initiated a short at 1.7028 with the 5/8 line acting as a daily close SL. If it really gets going it could run right up into the 1.80s. However, this could be at or near a high. It's far enough above 1.3624 to start building a position, for me. https://www.tradingview.com/x/CeuDZvsi/