Παρασκευή 12 Φεβρουαρίου 2016

Technical Analysis EUR/USD

The fx pair is in a sustainable uptrend on Daily TF and in longer term minimum one new high is expected after a bigger correction. H8 is decelerating. For longer distance it is good to expect new highs. But this can give also good shorts as well because the upcoming corrections will be bigger. H2 still in uptrend and one smaller higher high is expected before the waited correction. To trade LONG position is good but with the maximum TP of R1. After better to get ready for SHORT.
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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