The DXY bounced on the support so I entered in for a Buy with the 20 EMA as the first TP, 50 EMA as 2nd Tp and 200 EMA for final TP(all are choosen on the H4 timeframe). The RR is about 1:4. I was actually looking for a divergence on RSI but couldn't get it but anyways price had started reversing with a white marabozu (a very strong bullish candle) on the last H4 candle. Please give comments or suggestions to better improve my trading strategy. Stop loss is 1 ATR with the recent low of the Pin bar yesterday which makes it somewhere around the support. 1% of your account is adviced though
Note, this is not an investment advice just my thought so I'm not responsible for any loss that occured during the period.