On the sidelines. | 19 سبتمبر 2019
19 سبتمبر 2019, EUR/USD
Wave Analysis
Still nothing much happening on this pair, we expected a massive decline towards 1.09050 but as it looks, this pair could stay within the falling wedge formation for sometimes. As long as the price remains below the upper trendline, we're hesitant to pick buy positions, instead, we're waiting for arise towards the upper trendline to pick a long term sell orders towards the level 1.09050. The idea is not to look for sell positions now, but to wait for pullbacks to pick low risk sell orders.
Trade Recommendations:
Wait
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.
