PAIR: GBPUSD
Technical Studies: Daily Pivot Points, Moving Averages, Bollinger Bands, RSI,
Daily Pivot Point: PP 1.5244, Open 1.5268, above pivot so bullish start.
Moving Averages: SMA5 1.5223, SMA10 1.5137,SMA15 1.5113. SMA's are moving in upward direction. SMA10 has 4 days laging. SMA5 has golden crossover with SMA10, SMA15 and SMA20. SMA's are bullish.
Bollinger Bands: Bollinger Bands are contracting, uper, middle and lower all are in straight direction. Bollinger Bands are neutral
RSI: RSI reading 52, so RSI is bullish.
Overall bias: Bullish.
Risks: SMA 50,100 can provide resistance.
Trade Plan:
Bullish above:1.5293
Bearish below:1.5208
CONTACT: newtraders01@gmail.com
Technical Studies: Daily Pivot Points, Moving Averages, Bollinger Bands, RSI,
Daily Pivot Point: PP 1.5244, Open 1.5268, above pivot so bullish start.
Moving Averages: SMA5 1.5223, SMA10 1.5137,SMA15 1.5113. SMA's are moving in upward direction. SMA10 has 4 days laging. SMA5 has golden crossover with SMA10, SMA15 and SMA20. SMA's are bullish.
Bollinger Bands: Bollinger Bands are contracting, uper, middle and lower all are in straight direction. Bollinger Bands are neutral
RSI: RSI reading 52, so RSI is bullish.
Overall bias: Bullish.
Risks: SMA 50,100 can provide resistance.
Trade Plan:
Bullish above:1.5293
Bearish below:1.5208
CONTACT: newtraders01@gmail.com
No comments:
Post a Comment