manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

Rising flat

24 December 2015, GBP/USD

Daily chart: very active ADX on the background of the received IB and a continued fall of the bottom Bollinger band. This means that for market it is simpler to continue downtrend, than to implement a reversal scenario. However, support zone 1.4810 is strong and an upward rebound from it followed by correction is possible.

Rising flat

Н4: accumulation within the flat 1.4819-1.4935

Rising flat

Н1: intraday support 1.4860, resistance - 1.49 (upper Bollinger band).

Rising flat


The main scenario - flat 1.4860-1.4900

The alternative scenario - decline to 1.48

Trading solutions: 1) Buy from the area of ​​1.48 2) Sales from the area 1.49

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .