Expect rally to the upperside. | 05 9月 2016

05 9月 2016, GBP/USD

Expect rally to the upperside.

Wave Analysis:
As previously forecasted, wave (a) broke above the resistive trend line headed long as previously forecasted and still pretty bullish on the daily chart. We expect to continue long with the impulsive wave (a) but should not go beyond $1.3542. Instead of going long, we wait for price to retrace to the just broken trend line to give us low risk buy opportunities with an ideal target at $1.4114. Expect a similar rally in another positively correlated pair such as NZD/USD and AUD/USD. These pairs have a strong positive correlation and will have a similar price action during this intraday.

Trade Recommendations:

Wait for price to retrace back to the just broken level to go long with an ideal target 1.4114.

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