we're short | 13 September 2018

Wave Analysis

For the past few days, the impulsive (v) and (5) continued to the lower side and even went below 187.80. As long as the price remains below this level, I expect further momentum to the lowerside with an ultimate target at 111.00. If you're not short already, you can still look for short positions now, or wait for a slight correction towards 224.30 then pick a long term short position with an ultimate target at 111.00. As it is on the 4 hour chart above, only a clear break above 304.17 will attract a long term long position with an ultimate target at 811.10.

Trade Recommendations:

we're short

101% Double the volume

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.