Recommendation: BUY 1…
GBP/USD: bears created a trap
SELL 1.332 SL 1.3375 TP 1.321 TP2 1.3105
SELL 1.338 SL 1.3435 TP1 1.328 TP2 1.321
On the daily chart, after GBP/USD formed AB=CD and “Three Indians” patterns, there was a pullback. Bulls are currently trying to return in the game and resume the uptrend. For a start, they have to overcome 1.3290.
On H1, GBP/USD reached 88.6% target of the “Shark” pattern. After this, the “Shark” started transforming into 5-0. Pullbacks towards 23.6%, 38.2% and 50% of the wave CD, as usual, are used for forming short positions.
Recommendations: BUY $1320 SL $1305 TP1 $1350 TP2 $1365 TP3 $1400 BUY $1300 SL $1285 TP1 $1330 TP2 $1350 TP3 $1365 On the daily chart, XAU/USD bulls didn’t manage to overcome significant resistance at $1360-1365 an ounce…
Narrowing bearish Ichimoku Cloud with falling Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of the lines; the market is in correctional movement to the Cloud.
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…