16 June 2016, EUR/USD
Daily chart: Flat scenario around the middle Bollinger band (1.1239) has been entirely justified. ADX is gradually turning up, but it is still far from the trendline, therefore.
Н4: consolidation corridor within Bollinger envelopes (1.1189-1.1316). ADX shows interest about the north.
Н1: breakthrough of the top envelope return to the middle band (1.1223), and then, most likely, the bulls will try to attack zone around 1.1316.
Expectations: a return to support 1.1223 and then rise to 1.1316
Trading solutions: Buy from 1.1223 to 1.1316.
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us