Hi, this is my first trading analysis here and this one is for me and my own use only. I use this site to make an habit of making analysis every day.
I see that uptrend are still intact, so still should enter long for now. Price make a bit retracement to support level 1.2089 before continue upward. ADX Indicator are above 20, which means the trend is still strong. Bull in market are still in power. MACD alos show bullish crossover, with increasing histogram bar. Might as well means that momentum is up now. Look for buy position now.
Okay that's all from newbie. Now just try to see either my prediction on direction is correct or wrong. Next time will update more on money management.
Commentaire:
Price are moving upside. Looking good. Lucky newbie. Haha