Wait for a buy from the supportive trendline towards 1.19990. | 21 8月 2020

21 8月 2020, EUR/USD

Wait for a buy from the supportive trendline towards 1.19990.

Wave Analysis

Earlier this week, Euro bounced off from the upper trendline rallied to the lowerside and is still pretty much bearish both on the daily and on the weekly charts, on the 4 hours chart attached we're anticipating a possible continuation of the corrective wave (2) to the lowerside but should not go beyond the supportive trendline. The idea is to wait and buy a bounce from the supportive trendline towards the upper trendline. This view will only be invalidated in case the price breaks and closes below the supportive trendline.

Trade Recommendations:

Wait for a buy from the supportive trendline towards 1.19990.

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