08 August 2016, GBP/USD
Our assumption on development of a horizontal triangle represented by the wave [b] is fully confirmed. Immediately [b] after formation of the final e of the wave the price began to fall. At the moment, we are witnessing birth of downward momentum emerging as the wave [c] of the assumed zigzag. And since we are at the beginning of its formation, we have a good chance to open Sell trades, as potential for the downward movement is very, very good.
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us