Admiral Markets Group consists of the following firms:

Admiral Markets UK Ltd

Regulated by the Financial Conduct Authority (FCA)
  • Leverage up to:
    1:30 for retail clients,
    1:500 for professional clients
  • FSCS protection
  • Negative balance protection
CONTINUE
Избиране на един от тези регулатори, ще доведе до съответстваща информация в целия уебсайт. Ако искате да бъде визиуализирана информация за различен регулатор, моля изберете го.
Избиране на един от тези регулатори, ще доведе до съответстваща информация в целия уебсайт. Ако искате да бъде визиуализирана информация за различен регулатор, моля изберете го.

GBP/USD Bullish Reversal at 78.6% Fib after H&S Pattern

Юли 16, 2018 11:40

GBP/USD

4 hour


Source: Admiral Markets MT5 with MT5SE Add-on GBP/USD motive wave

The GBP/USD made a strong bullish bounce at the 78.6% Fibonacci level of wave X vs W, which was also an inverted head and shoulders reversal pattern (purple boxes). The bullish momentum seems to be confirming a larger bullish correction within wave 2 (pink) via a WXY (purple) pattern. The break of the downtrend channel could confirm this wave pattern whereas a break below the Fib level could indicate a continuation of the downtrend.

1 hour


Source: Admiral Markets MT5 with MT5SE Add-on GBP/USD motive wave

The GBP/USD seems to have completed 5 bearish waves (green) within a wave C (blue) at the 78.6% Fib. The bullish bounce is showing strong bullish momentum and is most likely a bullish wave A (blue) of a larger ABC pattern.

This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.


Предупреждение за риск

ДЗР са сложни инструменти и носят висок риск от бърза загуба на средствав резултат на ливъридж. 83% от сметките на инвеститорите надребно губят пари, когато търгуват ДЗР с този доставчик Помислете дали разбирате как функционират ДЗР и дали можете да си позволите да поемате високия риск от загуба на парите си.