Look for sell orders towards the supportive trendline. | 21 8月 2019

21 8月 2019, EUR/USD

Look for long term sell orders

Wave Analysis:

Euro is currently trading with an increasing bearish bias momentum. As we mentioned yesterday, this is still a very good sell and while the price is contained between the two trendlines acting as a contracting shape formation, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of the impulsive wave (E) and should breakout below 1.10290 towards 1.09830 ore even lower. As it is on the weekly charts, buying this pair looks a bit risky and may not be recommended.

Trade Recommendations:

Look for sell orders towards the supportive 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