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

Wait for decline to 1.4372

05 February 2016, GBP/USD

Day chart: as we can see, upper Bollinger band is a strong resistance level, so we can wait for pull back to middle Bollinger band (1.4372)

Wait for decline to 1.4372

H4: there is a local support at 1.45 (middle Bollinger band), but the price may go towards 1.4322- 1.4372 zone.

Wait for decline to 1.4372

H1: ADX is active and low envelope is under attack. Wait for move to 1.4372 level.

Wait for decline to 1.4372

Expectations: decrease to 1.4372 Trading solutions: sell to 1.4372

Nikolay Krishtopov
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 .