manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Zigzag in the wave 2 continues its development

18 August 2016, GBP/USD

Сorrection in the form of zigzag in the wave 2 is still developing. Later we expect another upward wave, inside which the above-mentioned corrective model will get its final shape, whereupon decline is likely will be reopened. We should open a trade only on breakdown of Low, you can set a Sell pending order.

Prior to this, it is better to watch market fluctuations from outside.

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.