Sell corrective wave 4,buy impulsive wave 5. | 12 يناير 2022
12 يناير 2022, GBP/USD
Wave Analysis:
This pair has been trading between the upper and the lower trendline,currently the price is at the upper trendline, I expect the price to continue to the lower side to complete the corrective wave 4 then proceeds upwards to complete impulsive wave 5 in accodance with the uptrend.Alternatively if the price breaks above the upper trendline from where it is currently,then that would be a good place to look for long term buy positions.
Trade Reccommendations:
Sell corrective wave 4,buy impulsive wave 5.
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.
