Outside Bar and Inside Bar on GBP/USD

Outside Bar and Inside Bar on GBP/USD

Currently, the bullish sentiment prevails on the GBP/USD currency pair. Near the round level 1.31000, which acts as a "mirror" support, a number of classic patterns of Price Action, Outside Bar and Inside Bar, (H4 timeframe) were formed. We recommend you to pay attention to this situation.

If the price fixes above the local resistance of 1.31600, you need to look for entry points to the market to open long positions. The closest target for profit taking is the round level of 1.32000. When tracking the position, we recommend using a trailing stop.

by JustForex, 2017.07.27

Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.

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