Remian short | 12 Outubro 2016

12 Outubro 2016, EUR/USD

Remian short
Wave Analysis:
Yesterday, Euro fell drastically following the breakout below the lower trend line forming bottom of the wedge. The current chart set up and structure is pretty much bearish and head further to the lower side. Thus, instead of going long, we choose to sit on the side lines and only wait for potential sell signals towards 1.098. We hope to trade this pair alongside USD/CHF and USD/JPY. These pairs will have an exact opposite price action during this intraday.
Trade Recommendations:
Conservative traders should wait for minor pullbacks to the upper side to go short with an ideal target at 1.098
Bob Stan
Agree with the review?
Traders' opinion:
Close
Entrar
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.