Hi Guys,
I am a newbie trader and still learning so would like any feedback on this analysis (positive or negative).
Trading EUR/USD on a 4 hour chart.
I intend to place a long order for the following reasons
1. The stochastic oscillator is below 20 so the pair is oversold
2. The RSI is hovering around the 30 mark so in an area where it shows that the pair is...