07 July 2015, EUR/USD
Daily chart: a very strong pressure from ADX almost does not give any chances to bears. Euro is falling and will plan to fall further.
Н4: the bottom Bollinger envelope has been broken which is a strong signal for sales. Waiting the pair on the middle Bollinger band (1.1060) and sell at 1.07.
Н1: the same situation - the bottom envelope has been broken. the middle Bollinger band just under the point (1.1039).
Expectations: All three frames speak for a strong decline. We shall sell from the area 1.1039-1.1060 к 1.07
Trading decision:
1) Sales from zone 1.1039-1.1060 to 1.07