we're short. | 04 October 2018

04 October 2018, EUR/USD

we're short.

Wave Analysis

During the previous trading day, Euro markets declined steeply and is still pretty much bearish both on the daily and the weekly charts. As long as the price is below the level 1.1505, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (5) to the lowerside and should break below 1.13 towards 1.11 or even lower. If you're not already in a short position now, you can still look for a sell now or wait for a correction towards 1.1505.

Trade Recommendations:

we're short.

101% Double the volume

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Bob Stan
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