Buy a break above the upper trendline. | 12 8月 2019

12 8月 2019, EUR/USD

Wave Analysis

Euro is currently trading within a contracting tringulor formation. This is a perfect trend continuation shape and if price can breakout above the upper trendline, then we'll expect further momentum to the upperside, The anticipated bullish price rally is the continuation of an impulsive wave count and should breakout above 1.12460 towards 1.12600 or even higher. And on the flip side, should price breakout below 1.11792,then we'll be looking for a long term sell orders with an ultimate target at 1.10500.

Trade Recommendations:

Buy a break above the upper trendline.

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus