The-Technical-Trading-Team

The-Technical-Trading-Team

We are looking at a sell setup with this Pair on the D1 and H4 chart. We expected the price to correct up to the 1.10400 zone ,before following the downward trend and selling off again.

The-Technical-Trading-Team

Pair is at support level on the H4 chart. Price has touched the bottom Bollinger band On the RSI the price is expected to confirm divergence by a higher low. Once all the above is in place look for bullish candle confirmation on the lower time frames and go long.

The-Technical-Trading-Team

Nasdaq may be a sell in the short term on Smaller time frames. Its approaching the upper bollinger band and is on a mini resistence area and the RSI is over bought. You can look for sell setups at 13750 to the 13250 area.