See in the chart, a grat support/resistency line and a tendency support line in the same space.
Look at the past months, if u follow the trend's, in any year a solid trend dominates all the year, this 2015, a power bull trend is in coming, so, what u think about this? we are in a bull year for EU?
I think the short position is a good choice, because if u see that resistency, the price is actually touching that, and a possible bounce is in coming.
Right now, i see a possible up for the euro, because the price try to breakout the resistency line day ago and fails. Sorry for my english.
I think, first go long is a good choice, later, we have a possible breakdown for a "mini" resistance line or a rebound, you choice at that level what you going to do.
I think the tendendency is going short, and righ now it is a good short point, look at the doji touches the blue and pink resistency (pinks lines are resistencys and supports levels) sorry, my inglish is soo bad :(
Analizando desde una perspectiva de 4 horas, tenemos en cuenta que el precio formó un evidente doble techo en lo que fueron dos tendencias alcistas muy duraderas. En el camino dejó un buen rastro de pinbars y como verán, alguna que otra duda acerca de éstos. Debo admitir que si bien los doble techos dan un acierto bastante fiable, no utilicé ningún indicador para...