manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

Scenario has changed, we expect an impulse drop

01 October 2015, EUR/USD

Our frame and the whole scenario has changed, since bulls failed to find the arguments for a strong impulse movement.

Trading takes place within the defined borders with a slight upward inclination, and this in turn points to a corrective nature of movement.

Therefore, it is possible that price movement from the early May has been correction in the form of a double three, which is expected to have finally formed.

At the same time, we assume that formation of the wave iii of [iii] downward impulse has begun.

If this assumption is correct, in the future we will have a long impulse drop.

 Scenario has changed, we expect an impulse drop.

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .