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

Expecting a pullback to 1.5580

19 August 2015, GBP/USD

The daily chart a failed attempt to break through the upper envelope, but ADX shows, that outcome is close. Now we are expecting a pullback down and buy anticipating the movement to 1.58.

Expecting a pullback to 1.5580

Н4:around 1.5580 we can consider a local bullish O & U, so the area can be a magnet for the price.

Expecting a pullback to 1.5580

Н1: детализация O&U.

Expecting a pullback to 1.5580

Expectations: falling to 1.5580 and the beginning of growth to 1.58.

solutions:

1) Purchase from 1.5580 to 1.58 (in the middle run)

Aleksey Panasenko
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 .