We assume that correctional decline is over
18 December 2015, GBP/USD
Bears managed to update the Low once again.
But the overall situation still looks bullish and here is why.
It is likely that the final Diagonal Triangle took a more ambitious form which more clearly shows internal three-wave model.
I assume that yesterday the final wave v was formed, which is the shortest one. Has the market shrunk to shoot up?
It is possible, so, based of these considerations,I opened a Buy trade.
Vasiliy LukinAnalyst of «FreshForex» company
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