Tuesday, 18 March 2014

EUR/USD Analysis

Bullish pinbar candle on the daily timeframe, Trend up, 8ema holding, support around 13822 slightly below but held, moving averages still diverging, 4hr timeframe has developed a bullish pinbar candle to backup bullish momentum. Order to go LONG as per below: STOP: 13873 ENTRY: 13911 LIMIT: 14025 RISK/REWARD: 3/1