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

Completion of the Double Zigzag

13 January 2016, GBP/USD

Bears have been dominating for long that made us correct our wave framde.

According to the updated version, perhaps we are dealing with a double zigzag, which at the moment is forming the final wave [ c] of (y).

In the near future we expect continuation of decline within the borders of the impulse wave [c], after which the entire wave model will take a complete shaped and the price can finally begin to grow.

Form of the upward movement will be clear later

Completion of the Double Zigzag

Vasiliy Lukin
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.