19 November 2018, GBP/USD
Wave Analysis
On Friday last week, the cable pulled back to the upper side but is still below 1.2647. the level 1.2647 is a key level, and as long as the price remains below it, we patiently looking for a sell position, the idea is to look for a sell position now, an have your target along the ascending but supportive trend line. If you're in a short position now, leave this position open, alternatively, you're flat, then wait for a breakout below the supportive trend line, then risk a long term short position towards 1.26 and the next target should be 1.25.
Trade Recommendations:
We're short.
101% Double the volume
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