Waiting for decline to 1.5103 | 06 اكتوبر 2015
06 اكتوبر 2015, GBP/USD
The daily chart: < are waiting for finalization of the lower Bollindger band (1.5020), from where the orrection in the direction of the middle band (1.5296) will be possible.
.png "Waiting for decline to 1.5103")
Н4: flat range 1.5103-1.5218.
.png "Waiting for decline to 1.5103")
Н1: trend activity of ADX and expansion of the envelopes. This means that bears have a sufficient capacity to refine 1.5103, where, in case of breaking the bottom envelope, correction to 1.5186 (middle Bollinger band) can take place.
.png "Waiting for decline to 1.5103")
Expectations: decline to 1.5103 and then correction to 1.5186
solutions: 1) Sales to 1.5103 2) In the area of 1.5103 purchases to 1.5186 are possible
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
