Sell after correction to 1.1051 | 24 February 2016
24 February 2016, EUR/USD
Daily chart: price has broken through bottom Bollinger Envelope. ADX is activate. Decreasing potential is accumulating. Medium-term aim is bottom line (1.0770)
Н4: pair is locally in range 1.0983-1.1088. After rising to zone 1.1088 we can sell and hold deals by 1.0770.
Н1: side corridor 1.0993-1.1051 is on bulls oscillator convergence.
Expectation: growth to 1.1051 and then decreasing to 1.0993.
Trading decisions: sell from 1.1051 to 1.0993 (or to 1.0770 extra day)
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
