We're short. | 22 اكتوبر 2018
22 اكتوبر 2018, GBP/USD
Wave Analysis
After breaking below 1.3084, Euro pulled back to the same place but could not break above. As long as the price is below 1.3084, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the continuation of the impulsive wave (c) to the lower side and should break beyond 1.2920 towards 1.2840 or even lower. According to the chart above conservative traders could place a pending sell limit order at 1.3084 with their stop loss above Last Thursdays Highest high.
Trade Recommendations:
We're short.
101% Double the volume
!Attention!
All bonus participates in drawdown!
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
