Daily forecast for GBP\USD

[qaz]

2nd October
Daily: bullish trend, equidistant up channel; price has breakout triangle up, and fix above 2.0416 (76,4% of previous strong downtrend). Target is 2.0652 (100% of the previous downtrend).
Sochastic Oscillator (5,3,3) – green line is higher than red line;
МАСD (12,26,9) – up tendency, histogram goes up.
If breakout and fix above 2.0652 (100%), – buy.
If the price rebound from 2.0652,- sell and stoploss put higher that local maximum.

Н4 (СС)
Alligator open’s up, bullish trend.
AO is down, AC is up: it mean’s that this is the correction of bullish trend.
Sochastic Oscillator (5,3,3) – green line cross red line,- it point’s that correction is almost done and bullish trend is going to be continue.


Take profit worked for all buy positions at 2.0433 (the fifth time the coincidence of АО and АС).
If breakout 2.0492 – buy, stoploss put under fractal to level 2.0366.