Τρίτη 28 Ιουνίου 2016

Technical Analysis EUR/USD

In longer term (Daily TF) the FX pair is bear. H8 is also bear but some kind of pullback is or was in development. If it is still growing than it may form a complex correction. And its second up leg will give good LONG opportunities until R1. H2 is just on the edge. And it can give sign to both directions easily. If its turns down SHORT position will be good for minimum a short run. But be careful the bigger player can turn the market to move upward.
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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