forex advisor developer

Daily chart: flat continues within lower Bollinger envelope (109.35-111.68). ADX is dropping passively, so flat will be valid for some time.

Н4: there is more narrow flat corridor of 110.33-111.52 (Bollinger bands range). ADX parameters are weak confirming flat market.

Н1: support level around lower Bollinger band (110.86) protects the pair from dropping rapidly to 110.33. Resistance level is at 111.19 (middle band).


Core scenario – flat within 110.86-111.19

Alternative scenario – drop to 110.33

Trading signals: consider trading within 110.33-111.19

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 .