05 November 2015, GBP/USD
Daily chart: we got a strong IB signal yesterday. This is a bear’s signal for sure, which can lead the price towards 1.5241 and 1.5106
H1: up swing does not still have a three crossing in row. This means that upward swing can be amplitude (for instance, in 1.5438 area, red arrow). But in general, we can see short signals from 1.5410 area. (Blue arrow).
Scenarios: grow towards 1.5410-1.5438 area and then a strong decrease to 1.5241 with target 1.5106. Trading solutions: 1) Sell from 1.5410-1.5438 to 1.5241 and 1.5106.