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

Short positions again

20 May 2016, GBP/USD

Yesterday the price updated local Low, but then it had returned to the starting point, where it remains now. The wave frame is still bearish and I assume that the wave [ii] took the form of a double zigzag.

So , in the near future I expect another rapid decline caused by beginning formation of the wave [iii] of the downward 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 .