We're short. | 14 November 2018
14 November 2018, GBP/USD
Wave Analysis
The Cable is currently trading with an increasing bullish bias momentum. Earlier today, our sell limit order was triggered when the price hit last week's opening price. As long as the price remains below the immediate resistance trendline, we expect nothing but a possible momentum to the lowerside. With this bearish price rally, we expect a potential move towards 1.26640. And on the bulls side, in case of a clear break above the immediate trendline, then this will be good place to look for long term short positions.
Trade Recommendations:
We're short.
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.
