27 November 2018, EUR/USD
Wave Analysis
During the previous trading day, Euro pulled back upwards and even tested the daily level 1.1368 but could not sustain the break above this level. The previous day's candle was a perfect bearish pin bar, and as long as the price remains below 1.1368, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive waves v and (5) to the lowerside and should break below 1.1218 towards 1.01. According to the chart above, only sell positions looks more ideal.
Trade Recommendations:
Resell euro fro 1.1368 towards 1.1218.
101% Double the volume
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