We shall sell from 124.00

June 11, 2015


Day chart: we have a predicted technical pullback from a strong support represented by the middle Bollinger band (122.54), which finds its place within a pullback to the entrance point according to the pattern O&U (125.00)

Í4: here we have pullback to the middle Bollinger band(124.06) after a break of the bottom envelope. We await for one more downward wave from 124.00 to 122.09 (the bottom Bollinger band)

Í1: aggressive ADX allows to expect the price hitting 124.06

Expectations: growth to 124.06 and falling to 122.09

Trading decisions:

1) Sales shall be open to 124.00

2) We shall sell from 124.00 to 122.09

Publication source
FreshForex information  FreshForex reviews

October 21, 2016
US Presidential Election: Final Debate Aftermath
With the dust having settled after Wednesday final US presidential debate of the 2016 campaign between Donald Trump and Hillary Clinton, the results have become rather apparent...
October 20, 2016
Doting on Draghi
The ECB meeting arrives today when EURUSD is testing key levels. The mid-year lows at 1.0952 is perilously close as I write, whilst the post-Brexit referendum low of 1.0913 being in the frame after that. It’s hard to see the ECB adding to its quantitative easing policy...
October 19, 2016
A bullish presence on the market
The Dollar upturn seen in the recent weeks that was influenced by the firm belief in a rate hike of December fizzles out, after Yellen’s speech and the downbeat US inflation and manufacturing data...

FIBO Group Rating
OANDA Rating
FXTM Rating
FBS Rating
Grand Capital Rating
FOREX.com Rating

Anyoption Rating
OptionBit Rating
Empire Option Rating
OptionRally Rating
Grand Option Rating
OptionFair Rating