Reversal and impulse growth

30 November 2015, EUR/USD

Bears continue to monitor the situation and not allow their rivals to even raise their heads.

The price has not yet updated the Low, but is close to that.

Though sellers feel themselves confident, I think that we are approachong a reversal, so formation of the final version of the diagonal triangle remains to be a relevant option.

Of course, the price will probably behave inappropriately and this model will change a bit, but in general we expected growth.

Reversal and impulse growth

Vasiliy Lukin
FreshForex Analyst
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