Technical Analysis EUR/USD March 13


Bismillah...

to determine the price trend, a trader should look bigmap of an instrument to observations.

the monthly TF, weak up trend condition, it is indicated from the weekly MA that comes in to the normal upper (sd-1) monthly BB

the weekly TF, condition medium up trend, coz  daily MA upper Balance weekly, but the buyer has start seen significant strength

by the second TF above, it can be concluded that the prices is still experiencing consolidation, the big trend is medium trend magnitude, but for this day its can be sell at upper and buy at lower weekly BB.

RECOMMENDATION
BUY
:
1.3010

SELL: 1.3070
SL
:
1.2980
SL
: 1.3100
TP
:
1.3065

TP: 1.3020


Have a nice trade
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