About meNovice trader that would like to share simple personal technical analysis, also looking to learn from others.
The ideas are basically my simple observation and analysis to brush up my skill.
-EUR/USD 1h chart shows side way trend within channel
-1h and 1d Stoch oscillator have just pass the oversold region
-For 1h chart, MA50 and MA200 likely to cross each other, indicate possible change of movement direction
-However it is also worth noted that MA50 and MA200 is yet to cross each other for 1d chart
-If enter at 1.31610, monitor the movement...