Growth to 1.1226 is possible | 21 May 2015
21 May 2015, EUR/USD
21 of May, 2015, EUR/USD
Daily chart: It seems that our strategy is to wait the price in the area 1.1390 to sell to 1.0785 within the frames of O&U
.png "Возможен рост к 1.1226")
Н4: Bollinger band seems to have a better potential which is not used though (1.0970), Look for options for intraday trading.
.png "Возможен рост к 1.1226")
Н1: ADX is active but Bollinger envelopes are stable within the range 1.1079-1.1154. So we will be looking for break of one of the envelopes and then enter to the side of breaktrhough. Coming from O&U, we prefer sales. Resistance is strong at 1.1226
.png "Возможен рост к 1.1226")
Expect: break of 1.1154 and growth to 1.1226, within growth plan 1.1390
Decisions:
1) buy from 1.1108 to 1.1226
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.
Aleksey Panasenko
Analista de la empresa" FreshForex
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