Wait | 09 January 2023

09 January 2023, GBP/USD

Wait

Wave Analysis

GBPUSD is on an uptrend, it's forming an impulsive wave pattern. the market is at wave III, 1.20955, I expect a correction from major wave III, 1.20955 to wave IV,1.20226 either in form of a descending channel or any corrective pattern to form. To enter a buy trade we will wait for a break above major wave III, 120.955, from major wave IV 1.20226, Placing our take profit at 1.21909 and stop loss at 1.20721. Lastly, this setup will be invalidated if the price moves below the major wave I,1.19275.

Trade Recommendations:

Wait

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