Log in

A start of a protracted decline?

27 June 2016, GBP/USD

From the point of view of the weekly timeframe, the wave C of zigzag in the impulse form is being formed now. The wave iii is at the very beginning of its development, so, in the future we can expect a protracted decline within the frames of the considered scenario. Sales are the most appropriate solution in terms of the opening of trading positions.

Vasiliy Lukin
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.