As you can see, the EUR / USD pair is in a tightening zone.
Possibilities to come to this region:
1)can directly break the falling trend.
2)Falling trend does not break.retry the support of rising trend,then breaks the falling trend
(When we look at the MacD marker, this possibility seems to be higher)
***I think it seems logical to enter a long position if the above possibilities happen.
when should a long position be entered in position?When the RSI indicator reaches 67-70,exit from position
3)rising trend may break
***in this case it seems logical to enter short position.
when to leave short position?should be exited from the position when it reaches the nearest support point of 1.1576
Warning:the information contained herein is the author's own personal imagination,it is definitely not investment advice
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