By way of RoboForex.com
On H4, the quotes have damaged in the course of the 200-day Shifting Reasonable and are actually beneath it, which signifies conceivable construction of a downtrend. Alternatively, the RSI has reached the oversold house, which is a sign for a correction. So, a check of four/8 (81.25) is predicted, adopted through a jump off it and expansion to the resistance stage of 6/8 (84.38). The situation can also be cancelled through a downward breakaway of the fortify stage of four/8 (81.25). On this case, the quotes would possibly drop to two/8 (78.12).
On M15, the higher line of VoltyChannel is just too some distance clear of the present worth, so expansion of the quotes can be indicated through a jump off 4/8 (81.25) on H4.
On H4, the quotes are above the 200-day Shifting Reasonable, which signifies occurrence of an uptrend. Alternatively, the RSI has reached the overbought house. On this case, a downward breakaway of five/8 (4140.6) is predicted, adopted through falling to the fortify stage of four/8 (4062.5). The situation can also be cancelled through an upward breakaway of the resistance stage of 6/8 (4218.8). On this case, the quotes must pass on transferring upwards and would possibly succeed in 7/8 (4296.9).
On M15, an extra sign of a decline can also be given through a breakaway of the decrease border of VoltyChannel.