Buy the US Dollar now, with your take profit at 108.960. | 24 10月 2019

24 10月 2019, USD/JPY

Wait

Wave Analysis

According to the previous day;'s analysis, we expected a possible momentum further to the lower side, however, earlier today, the US Dollar rose massively and even went above the upper trendline acting as a resistance to the declining shape formation. As we stated, as long as the price is held above this trend, we expect a possible momentum to the upper side. Ideally, we expect the bounce from 108.17 to have marked an end to the corrective three wave cycle, that the current bullish price rally is the continuation of an impulsive five wave cycle and should break above 108.960.

Trade Recommendations:

Buy the US Dollar now, with your take profit at 108.960.

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.