Short Term View on some majors ~ forex trading based on news
The following currency on H4 are almost ripe for long. I used the word almost, because the signals is not there yet. The best way to use H4 is actually see the signal in the form of the next one or two reversal candles on H4. What is required is to monitor the pair and wait for the signals. It is not advisable to pre-empt the move, wait for the sigal on H4. After a sigficant fall by most of the pairs, they are due for a reverse. The advantage of H4 is that you will get adequate notice of between 8-16 hours. We attach the relevant charts for guidance
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