24 August 2015, EUR/USD
Our expectation of a tapered wedge as the wave [i] was wrong, but it has no effect on the future plans of the pair, as the picture is still drawn for bulls.
The new scenario suggests formation of a conventional impulse in the wave [iii].
At the moment, we assume a completed development of wave iii of [iii] , In the near future we expect a corrective decline due to formation of wave iv.
In this situation, the best solution is looking for opportunities built on the corrective decline.
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us