we're short. | 04 اكتوبر 2018

04 اكتوبر 2018, EUR/USD

we're short.

Wave Analysis

During the previous trading day, Euro markets declined steeply and is still pretty much bearish both on the daily and the weekly charts. As long as the price is below the level 1.1505, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (5) to the lowerside and should break below 1.13 towards 1.11 or even lower. If you're not already in a short position now, you can still look for a sell now or wait for a correction towards 1.1505.

Trade Recommendations:

we're short.

101% Double the volume

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The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Bob Stan
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