Remain long towards the upper trendline. | 13 July 2020

13 July 2020, GBP/USD

Wave Analysis

During the previous week, the impulsive wave (E) continued to the upperside but is yet to hit our target set around the upper trendline, as it is now, we are waiting for a possible bounce from the upper term to pick a possible long term sell position. If you are already in a long position, keep this position open, but expect a possible bounce from the upper trendline, in case the price bounces from the upper trendline, then this will be a good place to consider a possible sell position with an ideal target around the lower trendline.

Trade Recommendations:

Remain long towards the upper trendline.

Bob Stan
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus