EURUSD is in wide range

FX:EURUSD   Euro / U.S. Dollar
Hi, friends.
What we have now on EURUSD?
The pair is in wide main-balance with range 1.2215-1.2520.
We can try to buy from the lower balance level (1.2215). But this signal is not so strong, better way is to wait a confirmation (false break or big volume ) on this level.
Also, we can buy with a short stop-loss if our mini-balance goes up (retest 1.2360).
But the best signal would be if we will wait while this main balance goes up or down and a new mid-term trend will begin. So, decision up to you.
Be carefull with a trade inside the main-balance
Lots of hard work. Thanks. What time frame is this?
BertVanBier nadeemenglish
@nadeemenglish, 4h, you can test that if you move your cursor over the graph and look at the difference between two candelsticks.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out