We’re looking for a long position towards the upper trendline. | 18 September 2018

18 September 2018, EUR/USD

We’re looking for a long position towards the upper trendline.

Wave Analysis a possible
Few days ago, the corrective wave (4) attempted a breakout below 1.15390-1.14040 but ended up pulling back above it. As long as the price remains above this zone, we expect a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (5) to the upperside and should break beyond the upper trendline with the next ideal target being 1.50625. This view can only be rendered futile in case the price breaks below 1.14040, if this is the case, then an acceleration further downwards is expected.
Trade Recommendations:
We’re looking for a long position towards the upper trendline.

101% Double the volume

!Attention!
All bonus participates in drawdown!
More detailed

FreshForex cancels commissions!

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus