22 October 2015, GBP/USD
The daily chart: a breakthrough from accumulation was shaped, but ADX did not reach the trend value. Therefore, we're waiting for continuation of decline, but so far no farther than the middle Bollinger band (1.5293)
Н4: the price shows bearish momentum, but flat market conditions will restrain decline
Н1: similar situation. It is safe to wait for the new local Low, but pullbacks under the bottom envelope (up to 1.5436) also can happen
Expectations: < So, waiting for leave in the 53-figure with an eye on 1.5293. Under the same scenario, the price can pre-roll back into zone 1.5436.
solutions: Sell (from the area 1.5436) to 1.5293
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