Wait for a low risk sell towards the previous week's lowest low. | 09 9月 2019

09 9月 2019, EUR/USD

Wait for a low risk sell towards the previous week's lowest low.

Wave Analysis

A fortnight ago, Euro dropped below a major support 1.11120 and also below a significant weekly supportive trendline. During the previous week, euro attempted to rise back above this trendline, but could not close above, as long as the price is contained below this trendline, we're looking for long term sell orders. The idea is to wait for ratracements back to the previous week's highest high to pick a low risk sell orders. The anticipated sell position is the continuation of the impulsive wave (v) and should break below the previous weeks lowest low towards 1.108930.

Trade Recommendations:

Wait for a low risk sell towards the previous week's lowest low.

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.