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The price is moving in an uptrend now over AB side of the triangle . Breaking through the level of 1.56276 movement will continue until the level of 1.56921. A signal to sell is breaking through the BC side . The targets of the downtrend movement levels are 1.54568, 1.53869.
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Today the price is moving in a downtrend. Signal to sell is breaking through BC side of the triangle . The targets of the bearish movement are: 1.56335, 1.55798. If the price breaks through the AB side , the bullish movement will continue until the level of 1.57551.
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Today, the price began to move in an uptrend. This movement can be adjusted downtrend now. If there is a broken BC side of the triangle , the bearish movement will continue until the level of 1.56379.
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The price entered into a triangle. If the price breakes BC side, will be a sell signal. The target of the bearish movement is level of 1.55940. A bullish movement could begin if the price will come from breaking the triangle AB side. The targets of the bullish movement: 1.58007, 1.58122.
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After strong growth today is the day began with a flat. The fact that the price since the beginning of the day brokes the AB side of the triangle, it is said that now price is in an uptrend. The targets of the uptrend: 1.59112, 1.59917. If the price returns to the triangle, we waiting for breaking of BC side. The targets of the downtrend will 1.55437 level .
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The price brokes BC side of the triangle today , it shows at the continuation of a downtrend movement. But if there is a strong breakdown of AB, then this movement can be viewed as bullish. Targets of the bull movement: 1.58806, 1.59606. Targets of the bearish movement: 1.57751, 1.57095.
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Today, the price breaks the BC side of the triangle. This means that the price retooled into a bear moovemet. The targets of the downtrend movement: 1.60000, 1.61314. If the price returns to the AB side of the triangle and breaks it, the targets of the uptrend movement as follows: 1.56862, 1.55558.
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So far, the price is in the triangle. We look forward for breaking of one of the sides now. If the price breaks AB side the bullish moovement begins. The price can rise to the level of 1.58814. If the price breaks through BC of triangle, then the target of bearish movement will 1.56946.
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Today the price brokes yesterday's high level. It is uptrend movement. But it is likely that if the price reaches the level of 1.59208 will be correction of movement. In this case the movement is directed to the level of 1.57728. The target of the bullish movement is 1.59892. The target of bearish movement is 1.55877.
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GBPUSD H1 09.03.2012
Today the price has already broken the BC side of the triangle. It was a signal to sell, but now we see that the price was back in the triangle, and if it breaks through side AB side then it will be a buy signal. The target of the bullish of movement 1.59366. The target of the bearish movement: 1.57100 CHART |
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