Wait for a bounce from 1.23310 to pick a low risk sell order. | 03 10月 2019

03 10月 2019, GBP/USD

Wave Analysis

After a slight correction to the upperside, the Corrective wave (iv) could not break above 1.23310. Instead the cable bounced off from this level and is currently heading to the lowerside. As long as the price remains below 1.23310, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (v) and should break below 1.22235 towards 1.201 and could head even lower. This view can only be invalidated in case the price breaks above 1.23310.

Trade Recommendations:

Wait for a bounce from 1.23310 to pick a low risk sell order.

TRADE METALS WITHOUT SWAPS!

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.