Sell a bounce from the Evelopes trend indicator with your ideal target at 108. | 26 Desember 2018

26 Desember 2018, USD/JPY

Sell a bounce from the Evelopes trend indicator with your ideal target at 108.

Wave Analysis

The dominant trend on this pair is downwards. The the bars of the MACD oscillator are below the level 0.00. As we mentioned previously, while the price remains below the trend indicator, envelopes and also the columns of MACD below 0.00, we expect nothing but a possible steep decline towards 110.05. The anticipated bearish price rally is the continuation of the impulsive wave (5) to the lower side and should head towards 108.00 or even lower. As it is on the hourly chart attached, only sell positions looks more ideal and can be recommended.

Trade Recommendations:

Sell a bounce from the Envelopes trend indicator with your ideal target at 108.

Be the first to get $5 for participation in the webinar 8.30 GMT!

BECOME FRESHFOREX ANALYST!

Bob Stan
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.