A corrective growth is ending | 18 8月 2016

18 8月 2016, EUR/USD

The price is moving up, although the overall picture looks bearish. Our wave frame has changed again. We should not exclude that now zigzag is developing as the wave 2 of the downward momentum. The wave 1 has apparently taken the form of a wedge with truncation repesented by the fifth wave. By now, development of correction zigzag looks completely finished, so soon impulse decline may start. However, since we have no evidence of a reversal of the price downward, we should not open trades now.

In this situation, we should wait when the price starts a steady decline.

Vasiliy Lukin
FreshForex公司的分析员
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus