Elliott waves analysis - EUR/USD. Growth in Correctional Wave II. от FreshForex

Подробности

Категория: Аналитика брокеров

Опубликовано 14.12.2023 15:45

EURUSD - Up The entire previous trading day was marked by indecisive attempts to either rise or fall. The price cannot determine the direction of further movement, indicating a corrective phase. It is believed that this is the formation of wave II, which may take the form of a simple zigzag. During the next trading day, or possibly tomorrow, the

EURUSD - Up

The entire previous trading day was marked by indecisive attempts to either rise or fall. The price cannot determine the direction of further movement, indicating a corrective phase. It is believed that this is the formation of wave II, which may take the form of a simple zigzag. During the next trading day, or possibly tomorrow, the price is expected to start rising. The target of this upward movement could be the 50% Fibonacci retracement level, but reaching 61.8% cannot be ruled out. Therefore, initiating buy trades above the local maximum at 1.0780 seems to be a promising trading decision. Investment idea: Buy at 1.0780, stop loss at 1.0755, take profit at 1.0860.

You may check other analytical reviews on FreshForex website. Source: freshforex.com.

Материал предоставлен компанией FreshForex Сайт. Отзывы о брокере ФрешФорекс Читайте здесь