Wait for a correction to pick a sell towards 1.0521. | 21 Enero 2019

21 Enero 2019, EUR/USD

Sell Euro now, and have your take profit at 1.0542.

Wave Analysis

During the previous trading week, Euro declined steeply and is still very much bearish both on the daily and the weekly charts. As long as the price remains below the zone 1.1480-1.1393, we expect nothing but a possible steep decline towards 1.0521. The anticipated bearish price rally is the continuation of the impulsive wave v and should break below 1.1200 towards 1.0950 or even lower. The idea here is to wait for a possible correction to the upperside before you resell the last impulsive wave v towards 1.0521 or even lower.

Trade Recommendations:

Wait for a correction to pick a sell towards 1.0521.

BECOME FRESHFOREX ANALYST!

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.