Wait for a resell from the inner upper trendline. | 26 8月 2020

26 8月 2020, USD/JPY

Wave Analysis

During the previous trading, the Us dollar continued to the upperside but failed to breakout above the inner upper trendline. We're waiting for a clear rebound from this trendline to pick a low risk sell position towards the lower trendline. This bearish price rally is the continuation of the impulsive waves (5) and (c) to the lowerside and should break below 103.515 towards 102.240. And should the price break above the upper trendline, then this will be a good place to look for long term buy positions.

Trade Recommendations:

Wait for a resell from the inner upper 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.