Τρίτη 23 Φεβρουαρίου 2016

Technical Analysis EUR/USD

The fx pair is still in sustainable uptrend on Daily TF and longer term minimum one new high is expected in a third wave. But after the yesterday’s move there is a change and it seems the expected pullback will become correction. H8 still strongly bear therefore it is good to expect one more downswing. For its TP still do not expect too much because Daily TF still bullish. H2 strongly bear. And for today it can give good SHORT positions with the max TP of S2.
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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