Trading bearish O&U | 07 October 2015

07 October 2015, EUR/USD

The daily chart: structure lacks only one swing down to start a full-scale growth. Yesterday brought the first intersection in this potential swing, whereupon bulls returned the status quo. Therefore, on any new daily low we will need to look for buy signals before the end of the week.

Trading bearish O&U

H1 chart:and here is bearish Over & Under, in which bears can provide themselves with fuel for decline. So, we shall enter from the penultimate maximum (1.1279), the stop for the last High (1.1283), TP in the area of ​​1.1172

Trading bearish O&U

Expectations: touch of 1.1279 and then a decline by 100 points.

solutions: Sales from 1.1279 to 1.1179

Aleksey Panasenko
FreshForex Analyst
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