Looking for Long-signals in the area of 1.5254 | 09 October 2015
09 October 2015, GBP/USD
The daily chart: the pair has broken into the top envelope Bollinger and can now move to the upper band (1.5590)
.png "Looking for Long-signals in the area of 1.5254")
H4: local resistance at the upper line of Bollinger (1.5395) support is on the middle line (1.5254)
.png "Looking for Long-signals in the area of 1.5254")
H1: double top against the backdrop of divergence of oscillator - a serious application from bears if not for a reversal, but at least for the trading opportunity. Perhaps, the decline to 1.5273 (lower Bollinger band)
.png "Looking for Long-signals in the area of 1.5254")
Expectations: So, waiting for a correction to 1.5254-1.5273 area, where, probably bullish pressure will continue towards 1.5395
solutions: We expect the pair in the area of 1.5254 to buy with the target 1.5395
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.
