Multidirectional Scenarios | 11 April 2017

11 April 2017, EUR/USD

Daily chart: here we have an unclear situation. On the one hand, bulls have blocked all the attacks by creating some kind of pinbar from lower Bollinger band. On the other hand, С we have active trend ADX supporting bears.

Multidirectional Scenarios

Н4: there is consolidation within lower Bollinger envelope (1.0559-1.0625). In case of upside breakout of middle Bollinger band (1.0625), resistance level at 1.0694 (upper Bollinger band) is likely to be under pressure

Multidirectional Scenarios

Н1: here we are observing bullish chart, which is now limited by level of 1.0605 due to weak ADX parameters.

Multidirectional Scenarios

Expectations:

Core scenario - drop from 1.0605 to 1.0588 or lower to 1.0569

Alternative scenario - rise to 1.0625 followed by downside correction.

Trading signals: consider selling from 1.0605 and 1.0625

Top up without commission FreshForex

Aleksey Panasenko
Analis perusahaan "FreshForex"
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus