Condizioni di trading
Strumenti
General overview for 19/08/2015 09:30 CET
The three sub-wave corrective cycles to the downside are almost completed as wave c purple is about to hit support at the level of 1.3015. Nevertheless, the overall corrective cycle has not been completed yet as we are expecting another push lower, just below the last wave W brown at the level of 1.2951. The market is still trading inside the neutral/range zone between the levels of 1.2858 - 1.3211. Only a clear impulsive breakout above/below one of this levels would change the current scenario.
Support/Resistance:
1.3058 - Intraday Resistance
1.3079 - Weekly Pivot
1.3015 - Intraday Support
1.2975 - WS1
Trading recommendations:
Yesterday's sell zone level has not been hit ( high was 1.3124), but the general direction was correct. Currently, daytraders should wait for a better opportunity to occur after corrective sub-cycle is completed.
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.