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If a M15 close above 0.9950 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.9700 sell only and do not buy. If price closes back above it again do nothing
The range 0.9950 and 0.9700 is neutral area, any trade done in between is personal decision and not part of this analysis
i took this position bcz in my 15m chart my fast ema cross the slow ema and rsi is trying to break 50 level and going up.and stoch also trying to break 50 level and goning up.
this pair broke strong support
so i think it will fall more but this support should be broken first
we might see some correction from this area
Maintaining the current above 0.99 will strengthen our feeling bullish on parity.
A break of 1.00 will then upward a new buy signal for an extension of the upward movement towards 1.01 / 1.02.
Candle is above Bollinger Band Stop in 60 Minutes chart so I think it’s still standing for Uptrend and this pair might head at first level 1.0280 and the second level at 1.0300. Place your stop loss 40 points from your open position or at appropriate points from your own analysis. TRADE AT YOUR RISK IF YOU FOLLOW MY ANALYSIS & Good luck
If a M15 close above 1.0300 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0000 sell only and do not buy. If price closes back above it again do nothing
The range 1.0300 and 1.0000 is neutral area, any trade done in between is personal decision and not part of this analysis
because of the moving under the level of 1.0250 as we can see from the chart , I think the down trend is still standing and the pair might head to 1.0170 how ever the pair made any hourly correction , good luck .
If a M15 close above 1.0300 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0100 sell only and do not buy. If price closes back above it again do nothing
The range 1.0300 and 1.0100 is neutral area, any trade done in between is personal decision and not part of this analysis
after a look on the screenshot we can see the pair has ended it's daily candle under the level of 1.0250 , and that's mean that the down trend is still standing and the pair might reach the level of 1.0170 today just if does not reached it tonight .
If a M15 close above 1.0300 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0200 sell only and do not buy. If price closes back above it again do nothing
The range 1.0300 and 1.0200 is neutral area, any trade done in between is personal decision and not part of this analysis