Forexrobots24

forex advisor developer

Trading within Lower Bollinger Envelope on H1 Chart

For traders: test results of our forex ea free or use our best Portfolio of forex robots for automated trading.

Daily chart: the pair has confirmed flat scenario failing to touch middle Bollinger band (1.0699). Support level is still at 1.0543 (lower Bollinger band).

Н4: more narrow flat corridor is within Bollinger envelopes range (1.0565-1.0665). ADX parameters are growing but not trending yet. So the price is not likely to leave this corridor today.

Н1: ADX shows aggressive trend, but it is at its highest, so trend will weaken soon. Strong support/resistance levels are in 1.0594-1.0635 (lower Bollinger envelope)

Expectations: flat within 1.0594-1.0635

Trading signals: trading within 1.0594-1.0635

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 .