28 Abril 2015, EUR/USD
Here is EURUSD Daily chart. We have reached one more turning point. There are two options to move to the target. The red one is the main one. The green option is enabled by consolidation of price above the angle 1:4.
Н1. There are two equally possible options. Breakthrough of the angle 1:4 and consolidation of price above the angle 1:4. Breakthrough of 1.0837 and consolidation of price below this level. Taking into account reversal, Southern option is in priority. Intraday reversals with Н1 timeframe according to terminal time of FreshForex:: 11:00, 17:00. Reversals of current week under D1 timeframe (numerology): April 28 at 12:00, April 30 at 08:00. Reversals of current month under D1 timeframe (astrology): April 10, 17, 24, 27, 28. All reversals represented in the review are assumed points of reversal and over time datas can change.
Conclusion: Entering at 12:00 in the opposite side from movement against movement of 11 hours’ candle. If after 12:00 the price continues to move down, we keep the sales till 17:00.