we're waiting for a short position from 1.3066 | 28 أغسطس 2018

Wave Analysis

Since the beginning of last week, we've seen a correction of the impulsive wave (c) to the upper side but is still below a key level 1.30666. This is a key level and as long as the price remains below it, we expect a possible rebound from it to pick a long term short position with an ultimate target at 1.2171. The anticipated bearish price rally is the continuation of the impulsive wave (c) to the lower side and could break below 1.2171. If this is the case, then we'll expect further momentum to the lower side with an ultimate target at 1.1425.

Trade Recommendation

we're waiting for a short position from 1.3066

101% Double the volume