Remain short towards the lower trendline. | 26 Octubre 2020

26 Octubre 2020, USD/JPY

Wait for low risk sell positions with an ideal target at 103.880.

Wave Analysis

The Us dollar is still being held below the immediate upper trendline but above the lower trendline. As we said previously, we are still looking for long term sell positions on this chart, our expectations is that the price should continue to the lowerside and should breakout below 103.880 towards 103 or even lower. The anticipated bearish price rally is the continuation of the last impulsive wave (E) to the lowerside but should first pull back upwards towards 105.290 or even higher towards the upper trendline.

Trade Recommendations:

Remain short towards the lower 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