Growth to the 46th figure | 21 Maret 2016
21 Maret 2016, GBP/USD
Four-hours chart of GBP USD. The pair has stopped at the reversal level (7/8), but it is too early to talk about reversal of the pattern, the pair is still above the support points - the four-hours' Supertrend line and the level (6/8). Therefore, resumption of growth from this support is our major expectation. Goal for growth are the Weekly SuperTrend line. Only after consolidation of the price below the level (6/8) we can we seriously consider the possibility of drop of the price to the first significant support located at the Supertrend Daily line
Trading solutions: Buy from the four-hours' Supertrend line
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.
