An upward reversal | 26 Septiembre 2016

26 Septiembre 2016, GBP/USD

Daily chart: the price is moving in the direction of the lower Bollinger band (1.2918), but it is against low and correcting ADX, which may indicate the lack of potential to break below. So, we are waiting for an upward rebound in the direction of the middle band (1.3175)

Н4: northern scenario: the oscillator showed a clear bullish convergence, ADX is in the phase of the trend pressure. We are waiting for a breakthrough towards 1.3175 (through resistance zone at 1.3100 (upper Bollinger band)

Н1: at this local frame, resistance is around 1.3000 (middle Bollinger band), support is at 1.2914 (lower band) As you can see, under this frame, ADX shows no pressure, which leaves a room for another downward movement. The older frame prevails the younger one.

The main scenario - beginning of growth of the pair to 1.3087, 1.3100, 1.3175

The alternative scenario - touch of 1.3000, decline to ​​1.2914, and only then an upward move.

Trading solutions: look for entries in purchases to 1.3087, 1.3175

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus