EURUSD
Downward trend and continuity in the fall by the end of 2016. I watched overbought below 20% in the RSI allowing a short climb, but we have a strong signal drop in the 100periods EMA with no room for reversal until the end of 2016 in a timeframe of 1 week. I'm not a professional, I am still learning and would be grateful to receive beedback on the analysis.
Comment:
The market followed my expectations. I'm just beginning my studies, but I'm glad to have hit the price movement. As we can see on the weekly chart we have 2 candlesticks following the bullish trend starting in 1.087 to the current position of 1.105. A pity that I had no patience to maintain this position.