Only sell a clear breakout below 1.2768 with your take profit at 1.2100. | 29 Noviembre 2018

29 Noviembre 2018, GBP/USD

Only sell a clear breakout below 1.2768 with your take profit at 1.2100.

Wave Analysis

Yesterday, the cable failed to sustain the break below 1.2764, instead, the price pulled back higher and is now above 1.2768. As long as the price remains above this level, we're likely to see a scenario where this pair could gain value intensely towards 1.3301. Currently as of writing this article, the best we should do is to remain on the sidelines. But in case of a a second break below 1.2768, with a big red candle, then this will be an ideal case to hunt for a long term short with an ultimate target at 1.2100.

Trade Recommendations:

Only sell a clear breakout below 1.2768 with your take profit at 1.2100.

Be the first to get $5 for participation in the webinar 8.30 GMT!

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.