Wave Analysis
The previous day’s candle was a perfect bullish inside bar. The overall trend, however, is still downwards, We expect this inside bar to push price to the upperside but should not go beyond the zone 1.14189-1.13761. As log as the price remains below this zone, we’re still downwards, and even better while the price remains below the upper cloud formation, I expect nothing but a possible momentum to the lowerside. If the price breaks above 1.14189, then this will be an ideal place to look for a buy order.
Trade Recommendations:
Wait
Origin: FreshForex
