As long as the price remains below 1.2768, look for a sell position with your take profit at 1.2100. | 28 نوفمبر 2018

Wave Analysis

During the previous trading day, the cable rallied to the lowerside and even went below the daily support level 1.2768. As long as the price remains below this level, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (c) to the lowerside and should remain below 1.2768. And as we mentioned during the previous trading day, as long as the price remains below 1.2768, we expect further decline towards 1.2100.

Trade Recommendations:

As long as the price remains below 1.2768, look for a sell position with your take profit at 1.2100.

101% Double the volume