Remain short. | 09 September 2020

09 September 2020, EUR/USD

Remain short.

Wave Analysis

On this chart, we are in an active down trend. While we continue to see sustenance below the upper trendline, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (c) to the lowerside and should break below 1.17510 towards 1.160 or even lower. As it is now, only sell positions looks ideal and can be recommended. But should the price break above the previous day's highest high, then we may consider a buy.

Trade Recommendations:

Remain short.

Bob Stan
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus