Flat stage before upward reversal | 21 12月 2016

21 12月 2016, GBP/USD

Daily chart: ADX strengthens, that threatens support level 1.2311 around lower Bollinger band. However, ADX is not in trend yet, so we may expect upward rebound.

Flat stage before upward reversal

Н4: bullish oscillator convergence indicates that bears are weakening and predicts reversal towards resistance levels 1.2418 and 1.2512 (middle and upper Bollinger band respectively)

Flat stage before upward reversal

Н1: flat corridor is inside Bollinger bands (1.2324-1.2418). ADX is passive, so we might consider, that today's trades won't go beyond specified borders.

Flat stage before upward reversal

Expectations: flat in 1.2324-1.2418

Solutions: buy in the range from 1.2324 to 1.2418

Aleksey Panasenko
FreshForex公司的分析员
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus