manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Anticipating the third impulse wave

28 March 2016, GBP/USD

This pair has probably finished correction boosted by the wave 2.Now the pair is in correction, which began after a small growth.

We assume that this correction was formed as the second wave of the emerging ascending impulse. Thus, in the future we expect a sharp impulse rise assocoated with the third wave.

In anticipation of this movement, I opened two Buy trades with a stop loss placed at Low. We expect a long movement and it is likely that High will be updated

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
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 .