Condizioni di trading
Strumenti
We now have seen a five wave decline from 145.69 down to 140.49 followed by a three wave rise to 142.91 and from 142.91 a new five wave decline. All this confirms that an important top has been seen at 145.69 and a major correction to the rally of the 2012 low at 94.10 to the 2013 high at 145.69. The first major corrective target is at 133.52, which marks the 23.6% corrective target, but it is more likely, that we will see an even larger correction towards 125.99, which marks that 38.2% corrective target. In the short term we will be looking for resistance at 141.61 and strong resistance at 141.91 to protect the upside for a break below support at 141.04 and more importantly for a break below 140.60, which confirms the next downswing towards 137.18 and likely even lower.
Trading recommendation: We took a nice profit at 141.60. We will sell EUR again at 141.85 or upon a break below 141.04 with stop at 142.95.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.