Looking for entry points only downwards | 29 Octubre 2015

29 Octubre 2015, EUR/USD

The daily chart: a strong trending distribution down with active ADX. Broken bottom Bollinger envelope indicate a possible continuation of drop of the euro. There are two most probable paths. The first - drop from current levels to 1.0814 and then upward correction. The second - a preliminary pullback to the zone of the middle Bollinger band (1.1216) and only then the main phase of decline.

Н4: bottom envelope is also broken here. You can sell the euro immediately after touch of zone of the middle Bollinger band (1.1037)

Н1: similar picture. Structure may be one of the versions of the "bear flag", so we will have two fall scenarios again - either from current levels or through a rollback to 1.1037

Expectations: The main scenario - roll back up to 1.1037 and then start of decline towards 1.0814. The alternative scenario - a direct drop to 1.0814.

solutions Only sales. The best option is selling from the area of ​​1.1037, but the price may fall from current levels, so make a decision on entry points based on your own trading style.

Aleksey Panasenko
Analista de la empresa" FreshForex
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus