Remain short with an ultimate target around 1.28385. | 03 Noviembre 2020

03 Noviembre 2020, GBP/USD

Remain short with an ultimate target around 1.28385.

Wave Analysis

Nothing much happened during the previous trading day, the price continues to consolidate within an expanding wedge formation but is still within an expanding wedge formation. While we continue to see sustenance within the steep channel formation, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the continuation of the last impulsive wave (v) to the lower side and should break below this week's lowest low with an ultimate target set around 1.28385.

Trade Recommendations:

Remain short with an ultimate target around 1.28385.

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