we're long from 1.15832. | 03 September 2018

03 September 2018, EUR/USD

we're long from 1.15832.

Wave Analysis

After an attempt break below the supportive zone 1.15837-1.14458, euro pulled back upwards and is now above the same zone, we expect the downward rally seen few days ago to be the unfolding of the corrective wave (b) to the lowerside and should not break below 1.15832, if you're not already in a long position, you can still look for a long position now, alternatively, you should wait for a the corrective wave (b) to end around 1.15832 to buy the last impulsive wave (c) with an ultimate target at 1.22760.

Trade Recommendations:

we're long from 1.15832.

101% Double the volume

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Bob Stan
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