Look for possible sell positions towards the lower trendline. | 25 Noviembre 2020

25 Noviembre 2020, GBP/USD

Wave Analysis

During the previous trading day, the US Dollar failed to breakout above the upper trendline, instead, the price failed to close above the upper trendline. We're expecting the impulsive wave (E) to end around the upper trendline and that a corrective wave count is expected upon the end of the impulsive wave (E) to the lowerside. If you are on this chart, you should look for a possible long term sell position with an ideal target set along the lower trendline. If the price breaks and closes above the red line, we will be looking for buy positions.

Trade Recommendations:

Look for possible sell positions towards the lower trendline.

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