28 Junio 2016, EUR/USD
Daily chart: the upward correction suggest itself in the direction of the middle Bollinger band (1.1240) - the pair has broken the lower envelope; from a technical point of view, this rollback is justified, plus yesterday the inside bar was obtained.
Н4: here we see that the lower Bollinger band (1.0857) has not been finalized yet, we do not expect the euro above the local middle band (1.1155). Not only that - we sell the pair out of this zone.
Н1: a flat corridor within the Bollinger envelopes (1.0977-1.1071) can be broken, because ADX is based in the trend area (though not growing).
The main scenario - growth to 1.1155 followed by another decline towards 1.0857.
The alternative scenario - flat 1.0977-1.1071
Trading solutions: sales from 1.1155 to 1.0857
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