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Sequence of Analysis
1. Let the market stretch
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily
Monday, July 13, 2020
EUR-USD Technical Analysis
Despite of most people emphasize on the timing of the market sessions there will be big moves to the Forex. For example the European and US market open usually expect the largest movement and this is true in some cases but it is not always the happening. This is an example where bigger move in the Asian market session which is unexpected. So there is no perfect truth in the market sessions movement but rather how far it should go and retrace that's the most important point
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