On the 4hr chart, it is on the down trend, with out any hope, due to a previous long solid red candle put in place.
It is downtrend on the daily chart as well, the proposed bottom is at 0.7440, where a samller wave A was ended there, and that is below the lower bound of bollinger bands. A splash fall in the next few days hits below the lower bound ending with a lower shadow, is likely. But don't take long positions right away, will have to wait for at least one day.
It is not that pessimistic o…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –