Forex Technical Analysis of GBPUSD for November 16 (updated) ~ forex trading robot software free download
Support - S1 : 1.5194 | S2 : 1.5152 | S3 : 1.5117
Resistance - R1 : 1.5271 | R2 : 1.5306 | R3 : 1.5349
Main Trend - Bullish
Intraday Trend - Bullish
We can observe on the 4H chart of forex technical analysis that price moves between EMA(50) and EMA(200). Also, remain within the lower channel of Andrew's Pitchfork. We have to notice that EMA(200) and the median line is almost at the same level.
Considering all the details from the charts of forex technical analysis, we can detect all critical levels and trading targets for H1 and H4 timeframes:
Read more »Resistance - R1 : 1.5271 | R2 : 1.5306 | R3 : 1.5349
Main Trend - Bullish
Intraday Trend - Bullish
We can observe on the 4H chart of forex technical analysis that price moves between EMA(50) and EMA(200). Also, remain within the lower channel of Andrew's Pitchfork. We have to notice that EMA(200) and the median line is almost at the same level.
Considering all the details from the charts of forex technical analysis, we can detect all critical levels and trading targets for H1 and H4 timeframes:
More info for Forex Technical Analysis of GBPUSD for November 16 (updated) ~ forex trading robot software free download:
