02 October 2015, GBP/USD
The daily chart: chart expresses the need of the pullback. The price may update Low, but the upward swing will shortly begin. Momentum clearly indicates a bearish market, so we should be looking for the besy possible entry points down at the end of the upward swing (which is only possible the next week). Aggressive buyers can try to work out a potential move up.
H1 chart: remember about the & quot; double bottom & quot; in the area of 1.5106. We may expect a so-called & quot; third touch & quot; of the level that allows to try buying with a very small Stop.
Expectations: touch of 1.5106 and growth by 100 points.
solutions:
buying with small Stop orders from 1.5106 to 1.5206