EURUSD within a descending flag formation | 06 11月 2020

06 11月 2020, EUR/USD

EURUSD within a descending flag formation

Wave Analysis

Euro continues to consolidate within the descending flag formation and is currently around the upper trendline. Few days ago, the price go rejected from the supportive horizontal line 1.16329, we expect this rejection to have marked an end to the last impulsive wave (c), that the current move to the upperside may not break beyond the upper trendline. As indicated above, if the price bounces off from the upper trendline, this will give us a good opportunity to consider a possible sell position towards 1.16329.

Trade Recommendations:

Look for sell positions now towards 1.16329.

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