FreshForex - Analytics

    FreshForex

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    Daily pinbar is traded

    Daily chart: So, it seems that yesterday the price started to pefrom according to O&U. We shall sale from the area 50% of pinbar (1.1290)

    Daily pinbar is traded

    Н4: here bulls have a potential to respond: a good Inside Bar from the middle Bollinger band can break both pin and O&U. Fight is coming. Nevertheless, only when thr price moves above the yesterday's High (1.1379), we can consider North as the direction.

    Daily pinbar is traded

    Н1: In its turn, we have god a bearish movement here: a pullback to the middle band whereas ADX is against. So, we shall be based on Southern expectations.

    Daily pinbar is traded

    Expectations: hitting 1.1290 and declien to 1.1105.

    Trading decisions:

    1) Sell from 1.1290 to 1.1105 and 1.08 in the middle run.


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