We’re looking for a possible long term short position towards 1.26907. | 18 September 2018

18 September 2018, GBP/USD

We’re looking for a possible long term short position towards 1.26907.

Wave Analysis
For the past few days, the corrective wave (iv) extended significantly to the upper side but is still way below the end of the first impulsive wave (i), As long as the price remains below 1.31460, we expect a possible momentum to the lower side in the long run. Ideally, we still expect further bullish correction but should not go above 1.31. The anticipated bearish price rally is the continuation of the last impulsive wave (v) and should break below 1.26907, towards 1.23300 or even lower with an ultimate target at 1.21
Trade Recommendations:
We’re looking for a possible long term short position towards 1.26907.

101% Double the volume

!Attention!
All bonus participates in drawdown!
More detailed

FreshForex cancels commissions!

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus