Expecting a pullback to 1.5580 | 19 August 2015
19 August 2015, GBP/USD
The daily chart a failed attempt to break through the upper envelope, but ADX shows, that outcome is close. Now we are expecting a pullback down and buy anticipating the movement to 1.58.
.png "Expecting a pullback to 1.5580")
Н4:around 1.5580 we can consider a local bullish O & U, so the area can be a magnet for the price.
.png "Expecting a pullback to 1.5580")
Н1: детализация O&U.
.png "Expecting a pullback to 1.5580")
Expectations: falling to 1.5580 and the beginning of growth to 1.58.
solutions:
1) Purchase from 1.5580 to 1.58 (in the middle run)
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.
