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Third impulse wave is coming

Third impulse wave is coming | 20 July 2016

20 July 2016, GBP/USD

The wave iii of [iii] of the downward momentum is expected to start developing - ie, elongation in the third impulse wave.

I've set a Sell pending order on the local Low, which has been successfully activated. Thus, in the near future, the pair is expected to continue impulse decline within the development of the wave iii of [iii] and sales seem to be the best solution for trading.

Third impulse wave is coming

Vasiliy Lukin
FreshForex Analyst
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