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Formation of a zigzag is perhaps over

04 September 2015, EUR/USD

Zigzag was formed much faster than it was expected by us.

The price did not complicate the wave b, having decided to restrict what happened, and the pair resumed its downward movement.

Thus, it is possible that development of the wave with of [ii] alleged zigzag is over.

In the future, with the first impulse upward movement , you can start open Buy deal . But now Buy trade is dangerous.

an opportunity to complete the formation of a zigzag.

Vasiliy Lukin
Analyst of «FreshForex» company
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