Overall trend is bearish.
EMA on daily are headed lower, 4 HR are bearish but sideways and 1 HR is sideways as well.
BB on daily have been broken and need to get back into them, 4 HR and 1 HR are squeezing.
Stochastics on daily are giving a buy signal, 4 HR are headed lower and 1 HR is giving a buy signal.
ADX is headed lower over 50, 4 HR is headed lower at about 30 and headed higher on 1 HR.
Trigger is 0.74333, stop is 0.76153 and target is 0.65737.
WATCH BOTH EUR AND GBP. <==both are headed lower against the dollar and this trade will work out decent if they keep the same direction.
EMA on daily are headed lower, 4 HR are bearish but sideways and 1 HR is sideways as well.
BB on daily have been broken and need to get back into them, 4 HR and 1 HR are squeezing.
Stochastics on daily are giving a buy signal, 4 HR are headed lower and 1 HR is giving a buy signal.
ADX is headed lower over 50, 4 HR is headed lower at about 30 and headed higher on 1 HR.
Trigger is 0.74333, stop is 0.76153 and target is 0.65737.
WATCH BOTH EUR AND GBP. <==both are headed lower against the dollar and this trade will work out decent if they keep the same direction.
