Looking to Buy at the end of the downward swing | 11 September 2015

11 September 2015, GBP/USD

The daily chart: a massive breakthrough and absorption of the inside bar indicates a strong bullish Momentum. Thus the upward swing will be safe up to the last vertex (1.5819). There isa space for traders.

Looking to Buy at the end of the downward swing

H1 chart: a rising local structure lacks a downward swing. That's what we are waiting for to be able to enter into the next upward swing. Approximate depth of the correction - 1.5400-1.5423.

Looking to Buy at the end of the downward swing

Expectations: skip the downward swing in 1.54-1.5423 zone and then buy anticipating movement to to 1.55

solutions: Purchase from 1.54-1.5423 to 1.55

Aleksey Panasenko
Analis perusahaan "FreshForex"
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