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

It is time to open short positions

20 April 2016, EUR/USD

During the whole week the pair has been slowly growing, showing no impulse, which indicates corrective nature of growth.

The upward movement was boosted by the wave 2. < p> In the course of yesterday's trading, the corrective recovery took final form.

Thus, in the near future we aexpect resumption of impulse drop within the wave 3 of the downward momentum.

In this situation, it is necessary to try to open a short position, that, in fact, was done by me

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 .