Excellent opportunities for purchases | 18 November 2015

Daily chart: bulls risk to lose control of the trend, if they cannot break the last swing top (123.60). However, there is another, a extended Northern scenario - consolidation in the form of another swing down (but with retaining the bottom 122.21). Meanwhile both these scenarios clearly dominate over the scenario of a possible downward reversal.

H1: good local increase of the bottom and then expressed pinbars helping to purchase. This is a good opportunity to Buy with little Stop (under the last local bottom 123.18)

Expectations: rise from current levels to 124.00

solutions: purchase to 124.00 (and above, if you keep transactions in the medium-term)