we're sellers | 29 May 2019

29 May 2019, GBP/USD

we're sellers

Wave Analysis

Since 9th this month, the cable has been in an active downtrend. However, on 24th of this month, the pair rose above the upper resistance cloud formation. Following the return below the same cloud formation, we expect nothing but a possible momentum further to the lowerside with an ultimate target at 1.26081. If this target is broken, then we expect the impulsive wave (5) to continue to the lowerside with the next ideal target at 1.25710 or even lower. As it is on the hourly chart, buy orders are very risky and cannot be recommended.

Trade Recommendations:

We're looking for long term sell orders with our first take profit at 1.26081

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