We're sellers towards the previous day's lowest low. | 08 نوفمبر 2021
08 نوفمبر 2021, EUR/USD
Wave Analysis:
Since the opening of today's trading day, nothing much has happened on this pair, we expect nothing but a possible rally the lower side, we expect the pullback which happened few days ago to be the continuation of a corrective wave count but should not go beyond the previous day's highest high. As it is right now, We are looking for low risk sell position towards the previous week's lowest low.
On this chart technically, only sell positions looks ideal and can be recommended.
Trade Recommendations:
We're sellers towards the previous day's lowest low.
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.
