We're short from 1.13869. | 15 November 2018

15 November 2018, EUR/USD

We're short from 1.13869.

Wave Analysis

During the previous trading day, Euro pulled back upwards and is currently slightly above last week's closing price. We expect this upward rally to be a mere correction and should not go beyond the opening of the previous week's candle. If you're not already in a short position, then you could wait for a bounce from 1.13869 to pick a short position. The anticipated bearish price rally is the continuation of the impulsive wave (c) to the lower side and should go beyond 1.06410, you could have a pending sell limit from 1.13869.

Trade Recommendations:

We're short from 1.13869.

101% Double the volume

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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.
Bob Stan
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