We should Sell on the hour IB | 18 November 2015

18 November 2015, EUR/USD

Daily chart: the upward rolled back, the first upward intersection in the potential upward swing has been done. It is possible that correction will last tomorrow as well, but we must be ready for a continued trend down at any time.

H1: if the current bar is closed as the inside bar - fall of the euro could begin right at the next bar. We are waiting for move under the last bottom (1.0630)

Expectations: drop under 1.0630 and test of the the 5th figure.

solutions: sales on the hour IB with Take Profit in the 5th figure.

Aleksey Panasenko
FreshForex Analyst
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