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Trying to sell carefully

01 July 2016, EUR/USD

An impulse drop of the pair is a most likely option, which is associated with formation of the extension in the wave iii. In this regard, we can sell carefully with the Stop Loss set at the local High. As the pair will drop, decrease, on update of Low we can open additional Sell trades with pulling the protective order.

An impulse drop of the pair is a most likely option, which is associated with formation of the extension in the wave iii. In this regard, we can sell carefully with the Stop Loss set at the local High. As the pair will drop, decrease, on update of Low we can open additional Sell trades with pulling the protective order.
Vasiliy Lukin
FreshForex Analyst
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