Expect a possible rally towards 1.33015. | 03 أبريل 2019
03 أبريل 2019, GBP/USD
Wave Analysis
The previous day's candle was a perfect bullish pin bar candle. This is a possible sign that the today's candle could see price rise towards the weekly resistance line 1.33015. This is a key resistance and therefore a good place to sell from. The idea is to place a pending sell limit from 1.33015, stop loss above 1.35700, and take profit at 1.26781. On the flip side, should price close above 1.33015 before the end of this month, then this could be a possible sign that we're continuing long with the last impulsive wave (c) towards 1.45206.
Trade Recommendations:
Expect a possible rally towards 1.33015.
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.
