we're short | 22 October 2018
22 October 2018, EUR/USD
Wave Analysis
For the better parts of this month, euro has been rallying to the lowerside and is still pretty much bearish both on the daily and the weekly charts. As long as the upper trendline is not violated to the upperside with a big green candle, we expect nothing but a possible momentum to lowerside. And should the price violate this level, then we'll wait for a pullback to the just broken trendline to pick a long term long position with an ultimate target at 1.5740. A break below 1.1513 may attract a long term short position.
Trade Recommendations:
we're short
101% Double the volume
!Attention!
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.
