Wait for a possible low risk sell. | 10 April 2019
10 April 2019, EUR/USD
Wave Analysis:
Yesterday, Euro pulled back to the upper side but ended up closing as a bearish pin bar candle. As long as the price is above the supportive trendline, we're looking for a possible buy orders. But since the previous day's candle was a perfect bearish pin bar candle, we expect nothing but a possible momentum to the lower side. The idea is to wait for a possible correction to the upperside to pick a low risk sell order with an ultimate target at the closing price of the previous day's candle.
Trade Recommendations:
Wait for a possible low risk sell.
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.
