Long term trade setup: Before the ECB decision and stress results i will place two EUR/USD sell entries at 1.3400 und 1.3475 (just below the 200 SMA). SL daily close over 200 SMA resp. close over daily trendline (currently 1.3590). Profit taking: daily trendline support (currently 1.3210). Reason for taking this long term trade: 1.technical: 4 h MACD divergence (red lines with finder symbol, price goes up, stochastic and macd and rsi not), strong trendline resistance. 2. fundamenally: divergence in optimistic risk sentiment and still terrible real data, ECB rate decision with potential Quantitative Easing announcement, stress test on friday 3. personal bet with an arrogant trader collegue (1 month free Bavarian White beer!)
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