GBP/USD Expanded Flat (SHORT 1.86 / LONG 1.39)
מעודכן
Hello Friends,
Looking at this trading pair today and I see as captioned an "Expanded Flat" We have a short opportunity now with the head and shoulders pattern on the smaller timeframe, there was a failure to break resistance on the right shoulder and as indicated and now we can expect this short target.
The long side of it does seem like a stretch but the waves do have the making of an expanded flat. So once this retrace is done, we can expect a bullish push up towards target of 1.39.
Good Luck
Cheers
Looking at this trading pair today and I see as captioned an "Expanded Flat" We have a short opportunity now with the head and shoulders pattern on the smaller timeframe, there was a failure to break resistance on the right shoulder and as indicated and now we can expect this short target.
The long side of it does seem like a stretch but the waves do have the making of an expanded flat. So once this retrace is done, we can expect a bullish push up towards target of 1.39.
Good Luck
Cheers
הערה
The target for the 5th wave is between 1.618% and 2.618% which is the normal push for the expanded flat.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.