coretechbd's Blog

Avatar

GBP/USD privot 1.2530

Pivot: 1.2530
preference: short positions below 1.2530 with targets at 1.2355 & 1.2275 in extension.
Alternative scenario: above 1.2530 look for further upside with 1.2585 & 1.2615 as targets.Comment: the RSI is mixed to bearish.Supports and resistances:1.2615 **1.2585 ***1.2530 ***1.2461 Last1.2355 ***1.2275 ***1.2210 ***
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Avatar

Wave analysis trading tips selp

At the H4 chart, the EUR/USD pair is probably forming the extension in the wave [iii]. Earlier, after completing the zigzag in the wave E of (B), the price formed the descending impulse in the wave [i]. Consequently, during the next several days the market may continue moving downwards.
sell below 1.085 with the target of 1.065
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires