Forexrobots24

forex advisor developer

Consider Entering Long in 111.10 and 110.46 Areas

Daily chart: the price is still within lower Bollinger envelope (109.23-111.93). ADX parameters are changing.

Н4: here we see attempt to break upper envelope along with weak ADX parameters. This attempt doesn’t seem to be successful, so we will expect rollback to region of middle Bollinger band (110.90). Another support level is around lower Bollinger band (110.30)

NOTE: You can not find the right trading strategy? if you have no time to study all the tools of the trade and you have not funds for errors and losses – trade with the help of our Keltner channel forex robot developed by our professionals. Also you can testing in Metatrader our forex auto scalper robot free download .

Н1: here we see preparation of technical downside correction to 111.10 and 110.46 region (middle and lower Bollinger bands).

Expectations: drop to one of these levels – 111.10 or 110.46. After that, bulls may try to push the price towards 111.71

Trading signals: consider looking for upside entry points at 111.10 or 110.46 aiming at 111.71