manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Buy euro upon a pullback

13 June 2018, EUR/USD

Buy euro upon a pullback

Wave Analysis

Instead of continuing upwards, euro pulled back slightly to the lower side but is still very bullish on the weekly charts. As long as the price remains above the supportive zone 1.1502-1.1459, we expect a possible momentum to the upper side. The anticipated upward position should be an impulsive five wave cycle and should first breakout above 1.2005 but should not go beyond 1.2444. if you're not long already, you could wait for a pullback to the lower side to pick a long position with your first take profit at 1.2005 and the next at 1.2444.

Trade Recommendations:

Buy euro upon a pullback to the lower side.

101% Double the volume

!Attention!
All bonus participates in drawdown!
More detailed

FreshForex cancels commissions!

Graham Osano
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .