Look for low risk buy positions. | 22 Julio 2020

22 Julio 2020, GBP/USD

Look for low risk buy positions.

Wave Analysis

During the previous trading day, the impulsive wave (v) continued to the upper side and even went above the converge formation, as long as the price remains above this trendine, we expect nothing but a possible momentum to the upper side, the idea is to keep looking for long term buy positions towards 1.2831 or even higher. If you are looking at this chart now, keep looking for long term buy positions towards the next levels. The ideal is o wait for a pullback to pick a low risk buy position.

Trade Recommendations:

Look for low risk buy positions.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Bob Stan
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