GBP/USD Expanded Flat (SHORT 1.86 / LONG 1.39)
已更新
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
注释
The target for the 5th wave is between 1.618% and 2.618% which is the normal push for the expanded flat.
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。