Wait for a correction to pick a low risk sell position. | 11 9月 2020

11 9月 2020, GBP/USD

Wait for a correction to pick  a low risk sell position.

Wave Analysis

During the previous trading day, the British pound continued to the lowerside and is still pretty much bearish both on then daily and on the weekly charts. On this chart, we are waiting for a clear bounce from the level 1.30200 to pick a possible long term sell position. The anticipated bearish price rally is the continuation of the impulsive wave (c) to the lower side and should break below 1.25980 towards 1.23820. If you are on this chart, keep looking for low risk sell positions expecting price to rebound from 1.30200 to the lower side.

Trade Recommendations:

Wait for a correction to pick a low risk sell position.

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