Euro should close below 1.1289 before we can continue short. | 15 Februari 2019

15 Februari 2019, EUR/USD

A close below 1.12862 will mean we're looking for short positions towards 1.05616.

Wave Analysis

According to the weekly chart attached, we're waiting for a close below 1.12862 to confirm that we're short with an ultimate target at 1.05616. The anticipated bearish price rally is the continuation of the impulsive wave (5) to the lowerside and should first break below 1.1286 before continua ting to the lowerside. As it is, we're eyeing the following levels as potential trade entry points, 1.14656, 1.12862, 1.11555, 1.07845 and 1.05616. Ultimately, we expect the price to reach the low of 1.05616. If you're short already, leave this position open.

Trade Recommendation:

Resell Euro upon a close below 1.1289.

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.