Wait for a sell from around 61.8% fib level towards 1.19820. | 01 Marzo 2021

01 Marzo 2021, EUR/USD

Wave Analysis

During the previous trading day on Friday, Euro rallied intensely to the lower side and is still pretty much bearish both on the 30 minutes chart and on the 4 hours chart. As it is now, we are looking for a possible correction to the upperside but should not go beyond 61.8% fib level where we will be looking for a possible sell position towards 1.19820. And should the price rally to the upper side and break above 61.8% fib level then we will be expecting a possible rally towards Friday's highest higher and could breakout much higher.

Trade Recommendations:

Wait for a sell from around 61.8% fib level towards 1.19820.

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