29 tháng Ba 2017, EUR/USD
Daily chart: we may actually see 150-pip correction to the downside (to 1.0678, middle Bollinger band). We will wait and see if bears manage such a rollback.
Н4: here support level is around lower Bollinger band (1.0745). This level seems to be strong enough considering horizontal placement of Bollinger envelopes. However, ADX is very close to trending and bears may try to push the price down.
Н1: several pinbars in a row beyond Bollinger envelopes and bullish inside bar indicates coming correction. Resistance level is around middle Bollinger band (1.0849)
Expectations:
Core scenario - upside rollback to 1.0849 region followed by another trial to push the price down towards 1.0746
Alternative scenario - direct decline to 1.0746
Trading signals: consider selling from 1.0849 to 1.0746
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