Market is so confused , every pair is between support and resistance area , a few years ago , I have read a book from KATHY LIEN ,"" forex market in 70% of the time does not any clear direction , but money management can cover your losses . ""macd & rsi wrote: Tue Oct 09, 2018 9:09 pm Thank you moey_dw ,, ) ,, positive energy
now , on EURUSD chart , on H1 we have a sell signal , and a broken support , RSI under 50C.L. ,, next target can be 1.1410 , 1.1360 and 1.1320 .
hope all traders will take profit .
it seems , now , we are in that 70% , yesterday , EUR/USD break the 1.1450 , but then goes up , and hit the stop.
I think it's waiting time , no trading time .
I put a sell stop for EUR/USD pair , and watching GBP/JPY for buy.