Day trading with Moving average

In Day trading we use 4hrs chart for trend detection. but it is slow  So here I have used 1hrs chart for trend detection, 15 min chart for entry.


Look I have used 4 MA 21,55,100,200,
Here 200 MA is the ultimate resisitance or support line,if price cross the 200 MA trend will change.


See 200 MA is crossed by 21,55,100 from below to up, Price is above 200 MA, so trend is up
WE enter by with EUR/USD 1.3080, Candle must close above 200 MA,

other MA are used to see retracement.

Look price touched 1.3200 but my target is 1.3180

Why I have executed the trade here,

Here price is loosing the momentum look at MACD indicator, Stochastic indicator, when price loose its momentum ma comes closer.

look I have also used fibbos fan to see the support, as price is just touched MA 200, fibbos fan is 61.8% retraced so the trend will go up and it is the entry point,