Descending flat | 06 اكتوبر 2015
06 اكتوبر 2015, EUR/USD
The daily chart: flat in the range of 1.1093-1.1372 still remains to be the dominant trend
.png "Descending flat")
Н4: more localized side corridor 1.1132-1.1265
.png "Descending flat")
Н1: the price can roll back to the middle Bollinger band (1.1221), whereupon zone 1.1132-1.1168 will be finalized.
.png "Descending flat")
Expectations: we are waiting the price to fall to 1.1168, 1.1132. Before it can roll back up to 1.1221.
solutions:
1) Sales from 1.1121 to 1.1132
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.
