Δευτέρα 18 Ιουλίου 2016

Technical Analysis EUR/USD

In longer term (Daily TF) the FX pair is bear. H8 is also bear but some kind of correction is or was in development. It seems to be complex and it seems to be ended. H2 is just about to turn to be bear. There might be a smaller correction but after the Friday strong down move one more downswing is expected. And SHORT positions have got more percentage. TP is S3.
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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