I have published EURUSD 1hr forecast on Friday, however I have not paid attention on 4hr chart, where 44HMA has crossed 77HMA. That's why to look throught higher time frames is so important when you enter a trade.
Now I see on 4hr chart that 44HMA has just crossed 200HMA and Friday's move looks like a false break of a Parallel Channel upside. So, I would prefer to short a pair till a bottom of a channel and see if it will be broken downside.
Now I see on 4hr chart that 44HMA has just crossed 200HMA and Friday's move looks like a false break of a Parallel Channel upside. So, I would prefer to short a pair till a bottom of a channel and see if it will be broken downside.
Order avbruten:
The dangerous asset. A rigorous risk management is mandatory.
