We shall trade down on the bearish daily IB | 11 December 2015

11 December 2015, EUR/USD

Daily chart: a great reversal setup - inside bar at the end of the upward swing! We are waiting for beginning of decline in the direction to zone 1.06, where we wi to buy euros within a bullish pattern Over & Under for the medium term.

We shall trade down on the bearish daily IB

H1: the structure would not prevent a local upward swing, but we of course do not discuss purchases.

We shall trade down on the bearish daily IB

Expectations: we expect drop to 1.0850, 1.08 and possibly to 1.0750. The overall goal - 1.06.

solutions: sale to 1.0850, 1.08, 1.0750 and 1.06 (with carry of trades over the weekend)

Aleksey Panasenko
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .