02.12.2019
The US has threatened to sanction Russia due to the Nord Stream 2 pipeline construction. The sanctions will be aimed directly at the project participants and have a purpose of slowing down the construction, which in turn will lead to higher costs of the project.
Breaking through the support level of 250.00 will result in the formation of a descending wave pattern within the wave (C) of the descending structure of the H4 level.
Trading recommendations:
Sell Below 250.00.
Stop Loss – 260.00.
Target levels - 244.30; 235.00; 228.00.
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