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

In the third impulse wave

22 April 2016, EUR/USD

The last trading day was very eventful.

Various news boosted a great volatility.

At one moment, the pair has soared to the local High, then immediately it turned back to its previous level.

The correctional wave 2 of the emerging downward momentum is over.

Now we expect a long impulse drop of the pair caused by formation of the wave 3.

In this situation, I recommend to open short positions with a Stop Loss set at the local High

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 .