FreshForex - Analytics


    644.75 7.75/10
    65% of positive reviews

    Exit of the flat could be delayed

    Daily chart: on the background of yesterday's Thanksgiving absolutely nothing happened and, therefore, absolutely nothing has changed. We continue to watch the bull convergence (which can reverse the trend upward) and the bottom Bollinger band (which shows that further break of 1.05 is possible)

    Н4: also bullish n convergence of the oscillator and movable ADX. Active zone has not been reached yet, so we are waiting for a rebound from the bottom Bollinger band (1.0591) towards the upper band (1.0668).

    Н1: very sluggish flat corridor 1.0600-1.0629

    Expectations: The main scenario - rebound from 1.0591 to 1.0668. The alternative scenario - flat 1.0600-1.0629.

    Trading solutions: looking for buy signals from the zone of 1.0591

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