NEUTRAL GBPUSD 1 Hour; Trade consolidation breakout; Buy BAT
Nov 4 2015: NEUTRAL GBPUSD 1 Hour; Trade consolidation breakout; Buy BAT
(Analysis Based on 1 hour chart)
Observations
1. Price in short term up channel; Now broken
2. Price has been consolidating for the past few hours
3. Really not much going on prior to NFP
4. Bullish BAT pattern
NOTE: Wait for price action to confirm the importance of this level.
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(Analysis Based on 1 hour chart)
Observations
1. Price in short term up channel; Now broken
2. Price has been consolidating for the past few hours
3. Really not much going on prior to NFP
4. Bullish BAT pattern
NOTE: Wait for price action to confirm the importance of this level.
If you find this information useful. Please hit the LIKE button.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
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