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