After an increase of 290 pips is it time to sell?
According to the Stochastic the answer is definitely yes, the 2 lines intersect at the top bar.
Despite all the upturns of the eurusd the trend is still bearish.
You can see that the previous 4 times that the eurusd approached the average line moving 200 (the yellow line) it caused the declines!
Target: 1.1030
According to the Stochastic the answer is definitely yes, the 2 lines intersect at the top bar.
Despite all the upturns of the eurusd the trend is still bearish.
You can see that the previous 4 times that the eurusd approached the average line moving 200 (the yellow line) it caused the declines!
Target: 1.1030