North | 14 سبتمبر 2015
14 سبتمبر 2015, EUR/USD
The daily chart: from technical point of view, a continuation of growth at least to the upper Bollinger band (1.1504) seems like a verdict.
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Н4: as we see, breakdown of the upper Bollinger envelope, plus a very active ADX. There is no reason to stop bullish movement.
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Н1: support area - the middle Bollinger band (1.1297), where you can re-add to Long position.
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Expectations: So, target is 1.1504. Not so important if it is passed in one day or more. Where the entrance to this movement is more important. Such a zone, perhaps, is the area of 1.13.
solutions: 1) We keep buying to 1.1504 2) Add position on 1.13
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
