You may sell the cable upon a clear breakout below last week's lowest low | 28 Juni 2018
28 Juni 2018, GBP/USD
Wave Analysis
Even despite the previous week's bullish pin bar candle, the cable is still declining. We're waiting to check for a potential buy position around the previous week's lowest low 1.30755, and should the price break below it, then we're continuing short with the impulsive wave (c) and may breakout below 1.2953. If this is the case, them we expect a potential rally towards 1.27252. The anticipated bearish price rally is the continuation of the impulsive wave (c) and may breakout below 1.27252 ultimately.
Trade Recommendation.
You may sell the cable upon a clear breakout below last week's lowest low
101% Double the volume
!Attention!
All bonus participates in drawdown!
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.
