New lows and an upward reversal

Daily chart: drop in the direction of the lower Bollinger band (1.1110) as ADX is moving up. But it is far from the active trend zone, so a break below is not expected.

Trading solutions: look for Buy signal in the areas provided in scenarios and then enter up.

Won't your trader friends like this?
About the Author
"FreshForex" company started to work on the foreign exchange market in 2004. Today, "FreshForex" is one of top forex brokers on the market of Internet forex service. Continuous improvement of trading conditions, release of popular financial instruments, a tender approach to each client - all this ensures rapid development of our Forex broker and "FreshForex" brand in the community of traders. For more information visit our website at

Leave a Reply