We're long from 1.31820 towards 1.45206 | 04 Maret 2019

04 Maret 2019, GBP/USD

We're long from 1.31820 towards 1.45206

Wave Analysis

The previous week's candle looks like a sell candle, but since the candle actually close above 1.31820, and the previous month's candle is a bullish pin bar candle, we expect a possible move to the upperside in the long run. This week, however, we're likely to see a possible move to the lowerside but should not go 1.30870. As long as the price is above 1.31820, we expect a possible to the upperside, the anticipated bullish price rally is the continuation of the impulsive wave (c) and should break above 1.38150 towards 1.45206.

Trade Recommendations:

We're long from 1.31820 towards 1.45206


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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