Waiting for lowering correction from 1.45 | 10 February 2016

10 February 2016, GBP/USD

Daily chart: ADX is correcting so we expect strong resistance in upper zone Bollinger line (1.4616).

Waiting for lowering correction from 1.45

Н4: condition of observe bond indicators is flat. We are expecting trade in limits of bottom Bollinger envelope (1.4372-1.4494)

Waiting for lowering correction from 1.45

Н1: intraday range is limited by upper envelope (1.4437-1.4494).

Waiting for lowering correction from 1.45

Expectation: grow to 1.4494-1.4500 and and then decrease to 1.4437

Trading decisions : sell from 1.45 to 1.4437

Aleksey Panasenko
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Login
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .