Τρίτη 12 Απριλίου 2016

Technical Analysis EUR/USD


Daily timeframe the FX pair shows uptrend. H8 seems to be back to the uptrend after a sideways correction. The resistance levels are still causing delay. And maybe it will give another option to the game if the market won’t be able to break out upward than it will give up for a time. And it will have the possibility to fall a stronger one. Until that better to fallow the shorter TF players. H2 is still in a channel. The best to play on the side to catch a move towards to the center of the channel. TP is a little bit less than the opposite sides downwards. To trade upward TP is R1 for first but if the market doesn’t hesitate to break out than R2.
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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