19 May 2015, GBP/USD
Daily chart: our yesterday's scenario is being fully justified and we can wait movement to the middle Bollinger band (1.5342)
Н4: break of the bottom Bollinger envelope is also a strong short signal. However, this scenario allows for a preliminary pulldown to the middle line. Though ADXis so strong that no correction may be required.
Н1: the same picture is here but it is overbought and ADX has not reached a required level yet. Technically, a return to the middle band is possible (1.5646),
Expectations: So, we are waiting when the point 1.5342 is hit. Theoretically, we can enter this movement if a pullback to 1.5646 is perfromed.
1) We keep sales open to 1.5342
2) We sell from 1.5646 to 1.5342