TradingView
market_waver
May 19, 2019 2:49 PM

GBPUSD short Short

British Pound/U.S. DollarFXCM

Description

2nd wave (green) is completed which was extended. And rejection from 0.5-0.618 fibo levels. Consequently, we saw stong bearish impulsive waves during second part of last trading week. Expecting price to reach 1.618 fibo level of 1st wave. But we may see 2.618 fibo level too. Because 3rd wave seem to be very strong.
More