Only sell a clear break below 1.2768 with your take profit at 1.2135. | 21 Noviembre 2018

21 Noviembre 2018, GBP/USD

Only sell a clear break below 1.2768 with your take profit at 1.2135.

Wave Analysis

For the better part of this week, the cable declined in value and is currently approaching a key weekly support level 1.2768. This level is also a daily level and as long as the price remains above it, we expect a possible rebound from it to pick a long term long position with an ultimate target at 1.3325, and should the price break below it, then we'll wait for a correction to the just broken level to pick a short position towards 1.2135. The anticipated bearish price rally is the continuation of the impulsive wave (c) and should break below 1.25 .

Trade Recommendations:

Only sell a clear break below 1.2768 with your take profit at 1.2135.

101% Double the volume

!Attention!
All bonus participates in drawdown!
More detailed

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.