Τρίτη 8 Μαρτίου 2016

Technical Analysis EUR/USD

The fx pair is can be a few things on Daily TF. The bull trend is back, range or questionable. Soon it will be viewable. On H8 the market after a stronger up move. This may show that one more up leg minimum needed to be complete the form. But this is over shaded by RSI which was out in the sustainable territory and this shows bigger down move. H2 players are playing on this field. Which could easily show a bigger range. And this will have more percentage if RSI can hold under 67. To trade this (SHORT) it is better to do with half risk because it is against the bigger trend. TP is S1. But if R1 falls than better to open LONG positions with the TP of 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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