manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

The pair consolidated below the fourhours SuperTrend Line

22 September 2015, GBP/USD

The pair consolidated below the fourhours SuperTrend Line

The four-hour chart GBPUSD. The pair consolidated below the fourhours SuperTrend Line and that position is rather reliable. From its current position, we can still expect a corrective pullback in the upward direction, but prior expectation is lowering of the price. The first objective here is the level of (6/8).

solutions: close yesterday's sales and sell again in case of retest of the fourhours SuperTrend Line.

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .