Bearish positional advantage | 01 Maret 2017

01 Maret 2017, GBP/USD

Daily chart: moderate ADX growth makes two scenarios possible: continuing drop and upside correction (as lower Bollinger band is almost broken). However, it's worth to mention potential of mid-term decline towards 1.2142.

Bearish positional advantage

Н4: here we have active ADX, so support level at 1.2335 (lower Bollinger band) can face bearish pressure.

Bearish positional advantage

Н1: local ADX is weak, so the price may stay in 1.2353 region for a while (lower Bollinger band). Resistance level is localized on middle Bollinger band (1.2402)

Bearish positional advantage

Expectations:

Core scenario - touch in 1.2335-1.2353 region followed by upside rollback towards 1.2402

Alternative scenario - drop to 22 region (in case of breakout of 1.2335)

Solutions: consider selling from 1.2402 region counting on midterm drop to 1.2142.

Пополнение без комиссий в компании FreshForex

Aleksey Panasenko
Analis perusahaan "FreshForex"
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.