Buy a bounce from the lower trendline. | 27 11月 2020

27 11月 2020, USD/JPY

Buy a bounce from the lower trendline.

Wave Analysis

During the previous trading day, instead of continuing to the upperside, the Us dollar rallied to the lowerside but is still above the lower trendline. If the price breaks and closes below the lower trendline, then further momentum to the lowerside is expected, however, should the price bounce off from the same trendline, then further momentum to the upperside is expected. The anticipated bullish price rally is the continuation of the impulsive wave (c) to the upperside and may not break above the upper trendline.

Trade Recommendations:

Buy a bounce from the lower 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.