Δευτέρα 19 Οκτωβρίου 2015

Technical Analysis EUR/USD

The fx pair seems to finish its correction after two days. This is verified by the correction structure, first a channel and after a stick, and both of them are made from two swing. And S1 level gives also support for it. From now LONG position can be taken with the TP of R1 for minimum. It also can reach R2 but it may take several days. Opening a position: in every M5 pullback end to the given directions. Every time it is important to take care for the contexts.

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