14 September 2016, GBP/USD
Daily chart: the pair is "trampling down" possible support at the middle Bollinger band (1.3207), but inside this range the bottom band (1.3000) can always be hit.
Н4: at this local frame, the pair is within the bottom envelope (1.3168-1.3268). 100 points - it can be interesting, especially because bulls "gave birth" to the inside bar from the bottom band! The only problem wis about ADX, which is in a correctional phase, and trading on correction may be unsafe.
Н1: local resistance 1.3207 (middle Bollinger band), support is 1.3141. In the case of movement above 1.3207, rising to 1.3268 will become real.
The main scenario - touch of 1.3207 and then decline towards 1.3141
The alternative scenario - surge to 1.3268
Trading solutions:
1 Search for downward signals around 1.3207
2. Purchases on attempts of break 1.3207 with the target 1.3268
3. Sales from 1.3268 (in case of growth to this level)
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