Look for a potential buy order towards the upper trendline. | 08 Abril 2019

08 Abril 2019, GBP/USD

Look for a potential buy order towards the upper trendline.
Wave Analysis;
The cable is currently trading within a possible triangle formation. Currently the price is around the zone 1.30327-1.30095 which also the base of this triangular formation. This base, 1.30327-1.30095, is a potential buy place and as long as the price is contained above this zone, we’re looking for a low risk buy order with an ideal target along the resistive trendline. This view can only be invalidated in case the price breaks below 1.30327-1.30095, is this is the case, then a steep decline towards 1.27170 is expected.
Trade Recommendations;
Look for a potential buy order towards the upper trendline.
A lot of interesting information on the webinar!
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.