14 March 2016, EUR/USD
Daily chart: ADX hasn’t shown trend activity on strong news growth, so we are waiting for rising signal to the resistance level 1.1290 (upper Bollinger line). After rising this zone it is possible to sell.
Н4: pair is in the middle of range of upper envelope (1.1048-1.1222). It is the most inconvenient level for open deal. We should waiting decrease correction to 1.1048 level (for buying) or miss growth and wait for sells in to 1.1222 and 1.1290 zone.
Н1: it is flat local horizontal corridor 1.1089-1.1204.
Expectation: flat 1.1089-1.1204
1. buy from 1.1089 to 1.1204
2. sell in zone 1.1222 or 1.1290 (if short signals on Н1-chart would be formed).
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