Remain short towards 100.00. | 29 7月 2020

29 7月 2020, USD/JPY

Remain short towards 100.00.

Wave Analysis

The previous day's candle closed a few pips below it opening price. I still expect more momentum to the lower side. As it is now, I expect a possible breakout below the level 105 towards 100.00 or even lower. the anticipated bearish price rally is the continuation of the larger impulsive wave [c] and may ultimately break below 100.0. This view can only be invalidated in case the price again rises above 50.0% fib level, if this is the case, then we will expect a possible momentum much higher.

Trade Recommendations:

Remain short towards 100.00.

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