Resell the cable from 1.20990 | 12 Agosto 2019

12 Agosto 2019, GBP/USD

Resell the cable from 1.20990

Wave Analysis

After breaking below the wedge formation shown above, the cable spiked massively to the lowerside and is still pretty much bearish, As log as the price remains below 1.20990, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the extension of the impulsive wave (v) and should break below 1.20040 towards 1.19 or even lower. The idea is to wait for retracements back towards 1.20990 to pick a low risk sell with you stop loss above the previous week's highest high.

Trade Recommendations:

Resell the cable from 1.20990

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