Wait for the price on the level (6/8) | 01 February 2016
01 February 2016, USD/JPY
4-hourly chart GBPUSD. The pair continues the movement up. Here the nearest level that is able to influence the price is the level (6/8), from which we wait for the correctional pullback to the area of 4-hourly supertrend. Only in the case of breakthrough and price fixing under 4-hourly supertrend band we can see the variant with price reverse down. Trading solutions: sales from the level (6/8), but only in the case of the price reaches the 4-hourly supertrend before.
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.
