We’re short from the upper trendline towards 1.04826. | 03 December 2018

03 December 2018, EUR/USD

We’re short from the upper trendline towards 1.04826.
Wave Analysis
Few weeks ago, the impulsive wave (v) went below both the horizontal level 1.15262, and also below the supportive trend line indicated above. As long as the price remains below these lines, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the continuation of the impulsive wave (v) and should break below 1.109580 towards 1.04826. Conservative traders should look for a sell from the upper trend line towards 1.04826…
Trade Recommendations:
We’re short from the upper trendline towards 1.04826.

Be the first to get $5 for participation in the webinar 8.30 GMT!

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
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 .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus