Probably, Zigzag is being formed

16 February 2016, GBP/USD

Apparently, the considered pair continues development of correction, which most likely takes the form of a zigzag.

Thus, it is likely that we face the wave ii of the incipient upward impulse.

For final confirmation of the option price should be reach Low.

At this level we should look for the opportunities to open positions but before we should stay out of the market.

Probably, Zigzag is being formed

Vasiliy Lukin
FreshForex Analyst
Agree with the review?
Traders' opinion:
Log in
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 .
manager photo manager photo
We will be pleased to answer any questions you may have


Get bonus