Your browser does not support JavaScript!

Welcome to our Blog!

The best front row seat for fantastic
Elliott Wave CFD trading tips & education

Elliott Wave Forex GBPUSD 1 + 4 hr - 21 Dec 2018

Elliott Wave Forex GBPUSD 1 + 4 hr - 21 Dec 2018

Elliott-Wave-Forex-G...

Elliott Wave Forex GBPUSD 1 + 4 hr - 21 Dec 2018

Gbp/Usd 1 Hour Chart
Thursday, 20 December 2018 at 12:31:00AM AEST

Big day today, so let's scan some charts before FED meeting. Cable bounces again from the lower black trendline after three waves of correction, so we can see now two bullish setups of different degrees. That said, if Cable goes jumps back above 1.27, then we may see much higher levels! But if drops below that black trendline and 1.2530 level, then bears would be still alive.

gbpusd1hr12-19


Gbp/Usd 4 Hour Chart
Friday, 21 December 2018 at 6:47:00PM AEST

No change.
GBPUSD can be unfolding a bearish impulsive development, down from 1.317 area with current sub-wave iv of 3 in play. Resistance for this wave iv can be near the 1.270 level, where the upper channel line can react as a reversal lower for a sub-wave v towards the 1.240 area.
Stegbar reference number 185091.

gbpusd4hr12-21


GET A TRIAL MEMBERSHIP HERE

$1 for a 20 Day Trial Membership to see for your self!


Education: Elliott Wave Structures

Elliott degrees in order: Grand Super cycle wave, Super cycle wave, Cycle wave, Primary wave, Intermediate wave, Minor wave, Minute wave, Minuette wave and Subminuette wave.


Forex GBPUSD Elliott Wave, Forex GBPUSD, GBPUSD Elliott Wave, Forex, GBPUSD, Elliott Wave,

Related

Tags

Forex: GBPUSD

Categories

Forex Trading

Share

You need to login in order to comment

 Get Your Trial
20 Days for $1

 

WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!

  • Our coverage means you get maximum flexibility in your trading options
  • Trade Signals for Share + CFD trading
  • Analysis + Trades updates every day
  • Elliott Wave specialists
  • Discretionary strategies to take away

 

Our huge range of markets include charts + videos for:

  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil
  • Forex daily – Primary pairs + US Dollar Index
  • Buy/Sell Trade Signals – ASX, US + UK stocks – selection, set, come back next day


Also included so your trading can really improve:

  • TradeCheck to check your own analysis or trades
  • CFD Analytics Software to calculate, manage and track your trading
  • Trading Education plus One-2-One Class
  • Phone + Email support
  •  
AddThis Sharing
AddThis Sharing
Archive
Text/HTML
What our clients say