Resell the cable below 1.27233 | 30 October 2018
30 October 2018, GBP/USD
Wave Analysis
Perfectly as we said previously, the impulsive wave (c) extended to the lower side and is still pretty much bearish both on the daily and the weekly charts, during this trading day, and possibly in the next few days, we expect the impulsive wave (c) to extend to the lower side and should break below 1.27233 towards 1.21331. If you're not already in a short position, you should wait for a clear break below 1.27233 to pick a low risk short position with your first target at 1.25155 and rte next ideal target at 1.21331.
Trade Recommendation:
Resell the cable below 1.27233
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.
