Πέμπτη 25 Φεβρουαρίου 2016

Technical Analysis EUR/USD

The fx pair is still in uptrend on Daily TF and longer term minimum one new high is expected in a third wave. And i seems the ongoing pullback will become more complex correction. H8 from one side still strongly bear but after the yesterday formed divergence it opens the way for the bulls. H2 does not help in the decision but rather makes it more complicate. Shown several options for final with a “green square area” where the market can form also more options. To trade better to wait for the next and better to get ready for LONG if R1 falls.
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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