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Buying with looking at the bears

Buying with looking at the bears | 15 March 2016

15 March 2016, EUR/USD

We are continue to look at the price fluctuation on the one hour time frame.

Yesterday supposing about rising continuing movement in ranch of development of impulse wave 3, hasn’t confirm.

After that important upwards bounce price was slowly decreasing.

Probably development of correction wave 2 is continuing and the all model of zigzag could be finished and price wouldn’t rise in the nearest future and it is going to decreasing. In this case all wave frame was incorrect.

But if it hasn’t happened bulls possibility remains.

In this situation it is better to stay aside from market.

For more safety trading it is better to action after price moving.

Now we are waiting for price moving outside the market.

Buying with looking at the bears.

Vasiliy Lukin
FreshForex Analyst
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