Fifth ascending impulse wave

26 February 2016, EUR/USD

Bears did not manage to push the price below a critical level, was is also the level of support.

The price started to rebound, and at present it may be the wave v of the rising impulse.

Anticipating this wave, I opened a Buy trade.

I will have to use a trailing stop, as there are doubts about the goals of growth of the pair.

Thus, in the near future we expect growth of the pair within borders of the wave v of an upward impulse.

Fifth ascending impulse wave

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