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The new way and new hopes

The new way and new hopes | 20 April 2016

20 April 2016, GBP/USD

The considered pair has completely broken all the plans and confused the situation.

Both Sell trades of mine have been closed by big Stop Out.

Our expectations on growth have completely lost its relevance.

Now we see a correction in the form of a plane with a finite diagonal figure as the wave [c].

However, it may also happen that the wave [c] will take the form of a full pulse and then growth will continue in the future without significant corrective pullbacks.

Therefore, in this situation it is necessary to wait, cause trade may bring unexpected surpsises

Vasiliy Lukin
FreshForex Analyst
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