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Extension in the wave 3 of the downward implulste

20 May 2016, EUR/USD

The third wave, which is currently developing has an extended form.

If this assumption is true, in the near future we can expect development of a small correction, then the pair will proceed with its drop.

For this reason, my previosely opened Sell trade is in operation with the Stop Loss shifted in the profitable area.

Extension in the wave 3 of the downward implulste

The third wave, which is currently developing has an extended form.

If this assumption is true, in the near future we can expect development of a small correction, then the pair will proceed with its drop.

For this reason, my previosely opened Sell trade is in operation with the Stop Loss shifted in the profitable area.

Vasiliy Lukin
Analyst of «FreshForex» company
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