Πέμπτη 3 Μαρτίου 2016

Technical Analysis EUR/USD

The fx pair is questionable in Daily TF. If its holds RSI over 34 then the pullback will become more complex correction and later it is ok to expect new highs. This can be changed if the smaller TF players will become more bearish. On H8 TF the bears are still dominated but the movement became slower. And players are waiting new lows. H2 is questionable. The players try to push the market upward. To take position it is time to think in LONG if the market takes R1 out and the minimum TP is R3.
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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