Buy on bounces

May 26, 2015

Daily chart: no comments. Growth presents here.

Í4: Growth is supported by fire from all guns. One can join this movement on bounce.

Í1: the best possible area of bounce - 121.63, but it is a big question whether it will be as deep.

Expectations: an active phase of growth will take a few days, so we must look for chances to buy as the price decides to bounce down.

Trading decisions:

1) Catch the pair lower (the best possible area is 121.63) and buy.

Publication source
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