FreshForex - Analytics

    FreshForex

    616.75 7.75/10
    65% of positive reviews
    Real

    Skip roll back down and again buy from 1.4280

    Daily chart: the pair is likely to reach the zone of the upper Bollinger band (1.4512), but we should continue to wait for the rollback down, because everything happens for non-trending ADX that shows correction

    Skip roll back down and again buy from 1.4280

    Н4: breakout of the upper Bollinger envelope can enable a roll back down to the middle band ( 1.42), but meanwhile bulls still press. Intermediate resistance is in the 1.4437 area. Perhaps from here the downward correction will start

    Skip roll back down and again buy from 1.4280

    Н1: exits beyond the top of the envelope - a correctional determination, but we can see that the price is still determined to the upper Bollinger band. You have to be careful if you are practicing a counter-trend trade. It is safer to wait the upward entry points at the bottom (we assume that around ​​1.4280, the middle Bollinger band).

    Skip roll back down and again buy from 1.4280

    Expectations: The main scenario - achievement of 1.4437, and then the downward correction around 1.4280 The alternative scenario - drop from current levels towards 1.4280

    Trading solutions: 1. Sales of 1.4437 to 1.4280 2. Buy around ​​1.4280 (target 1.4513, extraday)


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree