Wait | 19 November 2021
19 November 2021, EUR/USD
Wave Analysis:
After the Pin bar we saw the previous day. Yesterday's candle pushed the price much higher and is still showing signs of continuing much higher. If you are on this chart right now, we recommend looking for temporary low risk buy positions. If the price is to break beyond the level 1.15275, then we expect further momentum to the upperside. And on the flipside, a break below this week's current lowest low will mean we are looking for further sell positions with an ultimate target set at 1.1171 and may continue much lower.
Trade Recommendations:
We're looking for low risk sell positions but after a pullback towards 1.16385
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.
