Monday, 26 March 2012

EUR/USD Analysis

Big pinbar candle on daily timeframe - bullish

Trend up short term
Resistance broken
Bounce off Moving Averages
Moving Averages crossed up and diverging up

Order to go LONG:

STOP: 13185
ENTRY: 13279
LIMIT: 13467

RISK/REWARD: 2/1

3 comments:

  1. After moving sideways for several and holding 8ema support, news of the FOMC minutes caused big dollar strength and now im on the wrong side of this trade after it was looking good. Am looking to get out nearest to b/e as possible.

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