Technical Analysis EUR/USD

In longer term (Daily TF) the FX pair seems to be still bullish or are maybe in a range. H8 players was first bull and after showed range two times. It means something bigger is going on. H2 players are on the border again which shows two possibilities. A) the up movement will continue strongly upward and LONG positions can be taken over R1. B) There will be one last downswing and SHORT is a good idea with the TP of S1.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
#eruusd #forex #fxtrading #proptraders #traders #fxtraders #trading #fx