Bearish O&U | 14 Diciembre 2016

14 Diciembre 2016, GBP/USD

Daily chart: the pair is trapped inside upper Bollinger envelope (1.2542-1.2750). ADX is almost in trend, so it's hared to say when trend will start. Maybe, it will start today.

Bearish O&U

Н4: The situation here is quite the same. There is a horizontal corridor within Bollinger envelopes (1.2542-1.2750) and ADX which is not strong enough. The pair is obviously going to drift until news is published.

Bearish O&U

Н1: we are noticing the pair's downward potential due to bearish Over&Under pattern. Possible selling entry is 1.2700, profit-taking point is 1.2632.

Bearish O&U

Expectations: from a technical perspective we expect a shift towards 1.2700 and later a drop towards 1.2632. However, all the expected moves can be prevented by increased market volatility caused by evening news release.

Solutions: sell in the range between 1.2700 and 1.2632.

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