manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

The wave 3 of upward impulse

11 April 2016, GBP/USD

Abrupt price movement up and down point to the uncertainty.

The final trading day of the last week was calm, the price could not be update its Low or High, which indicates the corrective nature of recent price fluctuations.

Probably the above-mentioned correction has formed as the part of the wave 2 of an emerging upward impulse.

So, if this assumption is justified in the near future, we expect a rapid impulse surge under the wave 3.

However, trades shall be opened only on update of the local High.

The wave 3 of upward impulse

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

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .