2015-09-01_19-29-28euraud h1

On this second chart we see the moving averages already more advanced all rising with a nice angle and seperation.

The same strategy applies as elaborated before on the previous chart.

Wait for price to retrace, see which moving average is in control and try to enter a long position.

If price drops below the bigger moving averages meaning the blue 55 and the purple 200 one then change your bias from bullish to bearish.

Best of PIPS

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