Traders need a patience | 28 Juni 2016

Daily chart: weak ADX plus a number of bars outside of Bollinger envelopes after Brexit. These are all the signs of an upward correction (up to 1.4321 - middle Bollinger band).

Н4: the bottom Bollinger band (1.2592) seems to be unfinished, so you can try new sales from resistance 1.3897 (middle Bollinger band plus the round level)

Н1: a local clamping within 1.3137-1.3323. ADX is not agressive, but, nevertheless, it in the trend area. Oscillator has signs of convergence, so an upward rollback is quite possible.

The main scenario - flat 1.3137-1.3323

The alternative scenario - surge to 1.3897 followed by another downward movement

Trading solutions: buying is dangerous; selling is too late. We need to wait for the upward correction to be able to sell again. The best possible area for the entry points is 1.3897.