From EURUSD 15 mns chart & RSI indicator, in my opinion pair will be bullish early next week. EMA 50 still is under PA and RSI indicator has been mostly above 50 (or bullish). PA at this time in a triangle pattern or consolidation time. Until proven slow uptrend is broken to bearish side, will keep on doing buying trades.
I would consider doing breakout trades on smaller time frames out of consolidation areas, but with TREND. Risky trades would be going against hourly color of candlesticks. I use EMA 50 to trade with, if PA above then bull trading & if PA below then bear trading.
I would consider doing breakout trades on smaller time frames out of consolidation areas, but with TREND. Risky trades would be going against hourly color of candlesticks. I use EMA 50 to trade with, if PA above then bull trading & if PA below then bear trading.