We're long | 25 Oktober 2016

25 Oktober 2016, GBP/USD

We're long

Wave Analysis:

As previously anticipated, following the rebound from the lower trend line, the impulsive wave (E) traded long but is yet to reach our target resistance trend line. Today, we expect to continue long for the better parts of this intraday but only up to the upper trend line, any clear breakout above this trend line will push the price to the upper side with the next ideal target around the short term resistance zone. Trade this pair alongside USD/ZAR. These pairs have a strong positive correlation of up to +86% and will have a similar price action during this intraday.

Trade Recommendations:

Remain long with an ideal target at $1.2436

Bob Stan
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.