Τρίτη 10 Μαΐου 2016

Technical ANalysis EUR/USD

In longer term the FX pair is still bullish. H8 and the Daily TF players moved out to the sustainable bullish territory last week. In this stage better to calculate the ongoing correction as a correction but it seems to be a complex one. H2 shows the opposite. And this can be the reason why the ongoing correction will be complex. To trade SHORTs are still good but just for a short distance. After will be better to take LONG when H8 players found their support.
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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