Wait | 14 10月 2019

14 10月 2019, GBP/USD

Wait

Wave Analysis

After spiking massively to the upperside, the cable is currently correcting itself to the lowerside. We expect the Friday's highest high to have marked an end to the previous five wave cycle, that the current bearish price rally is the continuation of the corrective three wave cycle but should not go beyond 1.2455. The idea is not to pick a sell position now, rather, wait for a slight correction to the upper side to pick a low risk sell order. And on the flip side, should the price break above the previous week's highest higher, then this will mean we're looking for a long term buy.

Trade Recommendation:

Wait

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