Buy a bounce from the supportive trendline. | 14 Agosto 2019

14 Agosto 2019, EUR/USD

Buy a bounce from the supportive trendline.

Wave Analysis

During the previous trading day, Euro declined steeply but failed to breakout below the supportive trendline. As long as the price remains above the upper trendline, we expect nothing but a possible bounce towards the upper trendline. the anticipated bearish price rally is the continuation of the impulsive wave (E) to the upperside and should not go beyond 1.12235. And in case the price breaks below the supportive trendline, then this will be an ideal place to look for long term sell orders.

Trade Recommendations:

Buy a bounce from the supportive trendline.

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus