manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
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
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .