Wait for a sell signal | 19 3月 2018

19 3月 2018, GBP/USD

Wait for a sell signal

Wave Analysis

During the previous week, the corrective wave (b) continued upwards but still within our sellers zone 1.4165-1.4400. We're waiting for this correction to short this pair. The anticipated bearish price rally is the continuation of the impulsive wave (c) to the lower side but should not go beyond the weekly support 1.3617. Should this support be broken, we'll be expecting further bearish momentum. According to the current chart set up and structure, only short positions looks more ideal and can be recommended. This pair should be traded alongside GBPHKD, GBPSGD and EURHKD. These pairs will have a similar price action today.

Trade Recommendation:

Wait for a sell signal with your target at 1.3617

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