Principal >
Datos analíticos de Forex
>
Pronóstico Fresco
>
Elliott waves for Forex correlation analysis
>
Wait for a bounce from the upper trendline to pick a sell order.

Wait for a bounce from the upper trendline to pick a sell order. | 22 Agosto 2019

22 Agosto 2019, USD/JPY

Wait for a bounce from the upper trendline to pick a sell order.

Wave Analysis

The US Dollar is currently trading within a contracting wedge formation, this is the correct time to trade reversals, if the price approaches the upper trendline, look for sell orders and if price bounce off from the supportive trendline, we'll consider a buy order. A break above the upper trendline will mean we're continuing to the upperside towards 114.00 and a break below the lower trendline will mean we're continuing to the lowerside with an ultimate target at 105.135. if this target is broken, then further momentum towards 100.00 is expected.

Trade Recommendation:

Wait for a bounce from the upper trendline to pick a sell order.

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión

Mostrar contraseña

Ocultar contraseña

 ¿Se te olvidó tu contraseña?
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.

Nuestros mejores premios:

FreshForex is a brand that provides access to online trading for clients from more than 158 countries all over the world. The Company's partners are the licensed European liquidity providers, banks, payment aggregators and systems with which the company has been cooperating for more than 19 years.
Clients must be at least 18 years old to use the services of the Company.
The company does not provide services in the following countries.
Risk Warning: Trading financial instruments with leverage carries high risks and can result in both profits and losses. Potential losses are limited by the deposit amount. Before deciding to trade, the client should assess their risk tolerance, experience, and knowledge level.

Freshforex.com uses cookies for better website operation, traffic flow analysis, and personalization. By using this website you agree to our Cookie Policy.
User Data privacy is protected in accordance with GDPR. The SSL certificate installed on the website transfers the information over a secure protocol.
The site contains links to websites of third parties. The Company does not check or control the third-party resources that are in any way related to the FreshForex site, so the Company is not responsible for any third-party information or materials posted.
By creating a link to a third party website, the Company does not endorse or recommend any products or services offered by the third party.
The website content is intended for informational purposes only. It should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized. It also should not be considered as an offer/solicitation to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as a recommendation to buy, sell or otherwise deal with any particular currency or any other trading asset investment. If you are not sure about your local trading regulations, please, leave this website immediately.
© 2004—2024 FreshForex – Forex broker
Reproduction of the contents is allowed only with active hyperlink to original source.