Δευτέρα 1 Αυγούστου 2016

Technical Analysis EUR/USD

In longer term (Daily TF) the FX pair is bear. Even that it is shown range signs. But the signals seem to be fault because bigger TF players doesn’t support it. H8 is just entered to the bull territory last day. Which shows there will be another higher high. But after two bull run better to expect consolidation first in a bigger correction. H2 players show just about the same. To trade better to get ready first to SHORT even if the market climbs slightly over R1. TP is S1. After LONG can come forward until it forms the expected higher high.
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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