Bulls are still in control | 19 10月 2017

19 10月 2017, GBP/USD

Bulls are still in control

Wave Analysis

In the previous intra day, the impulsive wave (E) extended upwards towards our target but is yet to hit it. We expect this wave to extend further upwards towards the next daily resistance zone 1.3428 – 1.3477. If price breaks this resistance level, we will expect the impulsive wave(E) to extend further upwards towards 1.4740. We should be buying this pair since the market is still showing a bullish sentiment. This trade may be invalidated if price price gaps or breks below 1.2811. This pair should be traded alongside NZDUSD, AUDUSD and GBPNZD since these pairs have a strong positive correlation of up to +71%.

Trade Recommendations.

Bulls are still in control.

FreshForex cancels commissions!

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus