Τετάρτη 4 Μαΐου 2016

Technical Analysis EUR/USD

The FX pair bullish again. Daily TF players moved out to the sustainable bullish territory. This gives big possibility to another up move. The first correction arrived yesterday. The new question is how long it will last. H2 showed a strong down move. Which gives the possibility for the correction to expand and form another downswing. To trade first is better to get ready for a SHORT with the TP between S1-S2. After prepare LONG for the last up move. But this time do not expect long run just a little bit over R1.
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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