At last, What we were waiting for the last three months were achieved yesterday.
The EUR/USD price break the upper barrier of the down trend channel Announcing
the end of the down trend and the possibility of either the sideways or an uptrend.
If . . .
The macd indicator move near or very close to its zero line . . .
The Trix indicator also move near or very close to its zero line . . .
The ADX indicator is declining or move near or most likely below its 20 line . . .
The 20 days simple moving average is moving horizontal . . .
So . . . the trend probably is a sideways , in this case i would recommend to use the [ Stochastic oscillator (9.5,3) over bought over sold strategy with the crossing strategy ] and the
Bollinger Bands to gain profits.
Otherwise . . . You know what to do in an uptrend : buy and hold till the indications of weakness begin to appear.
