EURUSD buying opportunity

24 февр. 2016 г.

Can we stay bullish on the higher time frame? Ever since the break of the resistance level on the daily chart i have been waiting for a pullback in the area of that resistance. After we entered this area i decided to start to look for a buying opportunity. Now we have put in a consolidation area on the lower time frame ( 1hr chart ) with RSI divergence. This is the first opportunity to take advantage of the bullish trend on the daily time frame and maybe catch a small bounce back up to previous structure.

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