British Pound/USD 4h (31.08.2014) Technical Analysis Training

FX:GBPUSD   British Pound / U.S. Dollar
293 0 3
GBPUSD             4H Diagram Technical Analysis shows the following:

The GBPUSD             has made a bottom reversal pattern last week metting the resistance of KUMO. The daily diagram has turn bullish ( MACD gave bullish sign under the zero line daily).

MACD is forcing bullish on 4h diagram.

We have almost a hammer last 4h on Friday. The pair is under the KUMO, but is above the Kijun Sen (blue line) and under the Tenkan Sen (green line) .

There is no special pattern. The fib from 1.71635 to 1.70416 shows a 4.236 level of next target @ 1.66471.

Long for it. Stop loss under the support line of the asceding triangle.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out