We’re looking for a short position now. | 24 September 2018
24 September 2018, GBP/USD
Wave Analysis
During the previous week, the cable opened at,1.3058, went as high as 1.3297 and low as 1.3053 but ended up closing at 1.3079 just a few pips above its opening price. The previous weekly candle is a perfect bearish pin bar candle and as long as the price remains below the previous week’s highest high, 1.3297, we expect nothing but a possible momentum to the lower side. The anticipated bearish wave count should be an impulsive rally and should break below 1.2590 towards 1.2148 or even lower.
Trade Recommendations:
We’re looking for a short position now.
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.
