we're short | 30 Oktober 2018

30 Oktober 2018, EUR/USD

Wave Analysis

During the previous trading day, Euro traded intensely to the lower side and is still pretty much bearish both on the daily and the weekly charts. As long as the price remains below 1.14403, we expect further momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave v to the lowerside and should break below 1.13260 towards 1.1542. This view can only be invalidated in case the price breaks above 1.14403, if this is the case, then further momentum towards 1.15945 is expected.

Trade Recommendations:

we're short

101% Double the volume

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Bob Stan
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