Buy upon a rebound from 1.3302 | 13 Diciembre 2017

13 Diciembre 2017, GBP/USD

Buy upon a rebound from 1.3302

Wave Analysis:

The cable continues to correct itself downwards but should not go beyond the daily short term support zone 1.3303-1.3287. Should this support be violated, then we'll wait for a confirmation that the price will continue to plunge to the lower side but should not go beyond 1.3061. From the current chart set and structure, only a long position looks more ideal and can be recommended especially if the price can rebound from 1.3303-1.3287, this being the case, we expect a massive rise to the upper side with the first target at 1.3477 and the next target at 1.4365. . The anticipated bullish price rally is the continuation of the impulsive five wave cycle and should not go beyond 1.50 by the close of this month.

Trade Recommendations:

Buy the cable upon a rebound from 1.3303-1.3287 with an ultimate target at 1.4365

FreshForex cancels commissions!

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus