Flat inside the corridor 1.4456-1.4502 | 24 May 2016

24 May 2016, GBP/USD

Daily chart: accumulation continues in the range Bollinger envelopes (1.4350-1.4663) on the background of weak ADX. Probably, the price will rotate around the middle band 1.4500

Flat inside the corridor 1.4456-1.4502

Н4: here the pair consolidates inside bottom Bollinger envelope (1.4439-1.4538). ADX is also weak, so it is unlikely that we will the price leaving this range.

Flat inside the corridor 1.4456-1.4502

Н1: an even better shaped corridor 1.4456-1.4502. Again, ADX parameters are inadequate. Therefore, the main expectation for the day will be flat within the specified range.

Flat inside the corridor 1.4456-1.4502

Expectations: flat waiting in the corridor 1.4456-1.4502

Trading solutions: trade in both directions within the flat channel (or sales from its top wall)

Aleksey Panasenko
Analista de la empresa" FreshForex
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.