wait | 30 Agustus 2018
30 Agustus 2018, EUR/USD
Wave Analysis
After an attempt decline below 1.13206-1.1532, Euro corrected itself upwards and is now trading within the same zone. As long as the price is still within this zone but not above 1.13206, we're waiting for a clear breakout above it to pick a long term long position with an ultimate target at 1.21916. But should the price breakout below 1.1532, then this would mean we're continuing short with an ultimate target at 1.11750. The anticipated bearish price rally is the continuation of impulsive wave (c) and should break below 1.12860. In the long run, should the price break above 1.13206, then an upward position towards 1.21930 is expected.
Trade Recommendation
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101% Double the volume
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All bonus participates in drawdown!
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
