Daily IB can be formed | 25 November 2015

25 November 2015, GBP/USD

Daily chart: a continued bearish swing on the top left area of ​​the pattern O&U (1.5263). Because the work on descending swing is so sure, the upward movement can be arranged only through the formation of the inside bar, and then - the day can pass in the flat.

H1: downward structure needs a sliding upward swing, while bulls do not need to lose the last top (1.5155)

Expectations: So, we wait for growth to the zone 1.5150, while the day may close the inside bar.

Solutions: buy with stops under 1.5052, or a pause to wait for trading opportunities in the form of the daily IB

Aleksey Panasenko
Analis perusahaan "FreshForex"
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