Friday, 6 May 2016

FIRST WEEK OF MAY 2016 - EURUSD 15

As a recap for this week, our expectation changed from NSH(new structure high) to NSL(new structure low)

Why? - Break below the 1.1450 area change our expectation to NSL, because this area holds the HL(higher low) of the main swing.

Our main rule is to enter the market after it retrace minumum is 38.2 Fib level, then Bar by Bar Analysis and structure area (previous support/resistance area).

That's all for the week, see you on Monday takecare.

HAPPY MOTHER'S DAY TO ALL MOM :)

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