Permanezca corto hacia la línea de tendencia más baja
Permanezca corto hacia la línea de tendencia más baja | 23 7月 2021
23 7月 2021, EUR/USD
Wave Analysis
Euro continues to rally to the lowerside perfectly as previously forecasted. While the price is held below the upper trendline and within the falling wedge formation, we are looking for a possible long term sell position towards the lower trendline. If the price breaks below this trend line, then we will be expecting a rally towards 1.21 and may extend much lower. As it is right now, buying, or holding onto is a bit risky and may not be recommended.
Trade Recommendations
Remain short towards the lower trendline
Trading begins with planning the expected profit and developing a strategy that aims to help you achieve the desired result. The most effective technique is to use invest-portfolios that contain different trading instruments.
FreshForex gives traders a ready-to-use portfolio. The instruments are selected in such a way as to reduce overall risks and at the same time ensure a relatively high return.
This is the eighth portfolio developed by FreshForex specialists. Each of the previous seven portfolios showed positive results, with a total return of 87.1%.