Τετάρτη 6 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. If the correction keeps growing than it may form a complex one. H2 players are bear also. H2 players are bear also. And it seems there is not too much left from the down move. If the market begins to decelerate than get ready for LONG. TP is R1 and a little more. If the ongoing move goes under S1 than open SHORT position. 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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