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

Correction will continue its development

01 July 2016, GBP/USD

It is possible that the price will rebound from the Low again, thus continuing to develop a zigzag correction. So we don't need to hurry up with the opening Sell trades. It is better to wait for the completion of the wave [ii] of the downward momentum, and only then look for opportunities to enter into trades at better prices. A protective stop loss also should not be forgotten

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 .