manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Wedge is possibly being formed

16 June 2015, EUR/USD

Since expected movement is not taking place, wave mark has been corrected a little.

According to the updated option, we possibly deal with wedge now which has been emerged from exactly the same wedge - the wave [i].

To be finalized, it lacks the end wave [v], which is now probably formed.

But the wave [v] of (i) can also be an impulse and soon new waves iii, iv and v will emerge.

So, if this assumption is correct, in the nearest time we will witness continuation of impulse growth of the pair .

Wedge is possibly being formed!

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .