Τετάρτη 16 Δεκεμβρίου 2015

Technical Analysis EUR/USD

The fx pair is in an up movement and a correction is still on at the moment. At the Daily TF no change. The next up movement is waited. The move will begin when it will worth to buy for these players. On H8 after the yesterday move a divergence formed in a good level which means this is the right TF for the next move in the correction. The big question who is in correction...? a) or b) version? Or maybe the correction is just ended (question mark). The problem is also H2 does not add to much to the view. In the next few hours a lot will be decided. To trade: if S1 fall right away than version a) or b) is on. If S1 won’t fall than range between R1-S1 (or maybe the question mark way) is on.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

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