We're sellers | 09 3月 2023

09 3月 2023, GBP/USD

We're sellers

GBPUSD is currently in a short-term downtrend. The market is in a corrective phase which is the corrective 3-wave pattern. As we can see on the chart above, the market has formed a descending channel from 1.2266 to where the market is now which is 1.1803. I expect the price to buy at least up to 1.1928 and then drop up to our corrective wave C. You can place sell limit orders at 1.1928 so that should the price reach this zone, the sell trades are activated automatically. Lastly, Should the market break below the lower trendline of this descending channel, we will enter sell trades.

Trade Recommendations:

We're sellers

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.