27 December 2016, EUR/USD
Daily chart: keep expecting further upward correction towards middle Bollinger band (1.0566). Such a scenario is more possible than direct decline to 1.0331 (lower Bollinger band), because bulls haven't implemented their inside bar potential yet.
Н4: ADX has an aggressive and trend state, envelopes are narrowing, so it is possible that there would be a rapid shift towards 1.0566
Н1: horizontal corridor inside Bollinger envelopes range (1.0442-1.0464) indicates flat, however, if the pair goes higher than 1.0470, upward correction will be activated.
Expectations:
Core scenario - price shift to 5 number (with 1.0566 as a target). Consider this scenario in case of resistance level 1.0470 breakout
Alternative scenario - flat in 1.0442-1.0470
Solutions: buy around 1.0442 keeping in mind possible shift to 1.0566 (extraday is possible)
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