Wave Analysis:
Yesterday, Euro pulled back to the upper side but ended up closing as a bearish pin bar candle. As long as the price is above the supportive trendline, we’re looking for a possible buy orders. But since the previous day’s candle was a perfect bearish pin bar candle, we expect nothing but a possible momentum to the lower side. The idea is to wait for a possible correction to the upperside to pick a low risk sell order with an ultimate target at the closing price of the previous day’s candle.
Trade Recommendations:
Wait for a possible low risk sell.
Origin: FreshForex
