Sell a breakout below 103.700 towards 100.00. | 20 Noviembre 2020

20 Noviembre 2020, USD/JPY

Sell a breakout below 103.700 towards 100.00.

Wave Analysis

During the previous trading, instead of continuing to the lowerside, the us dollar pulled back upwards created a new high but ended up closing below its opening price. To an extend, this pair is bearish. However, we want to first see a breakout below the lower trendline to pick a possible long term sell position expecting price to rally much lower with an ultimate target set around 103.520 and could breakout much lower towards 100.00 or even lower. If you are on this chart, we look for sell positions.

Trade Recommendations:

Sell a breakout below 103.700 towards 100.00.

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