I don't remember last time i posted one of my analysis. It's passed so much time... but i think it's time to get back and share my ideas. So, here you are a fresh signal before the NFP. EURUSD has made a consecutively 4 bear bars on weekly charts. History is clear, usually when EU is too much oversold... pullback is coming hard. Next, we are on important pullback zone. 1.100 is an important price, and looking on H1 tf i can clearly see a MACD divergence, that can anticipate a rally up. I suggest you to wait eu to come back to 1.10100 again before buying, or enter now with small size and buy again later. The target are marked with red lines, also the possible retracement.
What do you think guys? Hope you appreciate :)
I'm back :)
Simo
What do you think guys? Hope you appreciate :)
I'm back :)
Simo