orvilleawright

NETURAL GBPUSD 15 Min;Sell channel top; Buy channel bottom

FX:GBPUSD   British Pound/U.S. Dollar
Nov 16 2015: NETURAL GBPUSD             15 Min;Sell channel top; Buy channel bottom
(Analysis Based on 15 Min chart)

Observations

1. Price in short term bullish channel (broken and retested);
2. Price consolidating after a brief up move

NOTE: Wait for price action to confirm the importance of this level. Sell bull traps at consolidation top. Sell break and close below consolidation bottom on retest. Buy consolidation bottom.

If you find this information useful. Please hit the LIKE button.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out