manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Anticipating correction and a new descending wave

23 October 2015, EUR/USD

Anticipating correction and a new descending wave

The four-hours chart of EUR USD. The pair fell rather heavily. Currently the pair is trying to gain a foothold below the level of (2/8). But most likely, it will roll back from current position to the four-hours SuperTrend line and only then it will continue downward movement targeting the level (0/8) which is getting bolder.

Trade Solutions: sales from the four-hours SuperTrend line

Nikolay Krishtopov
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.