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

We are waiting for bearish miracle

30 August 2016, GBP/USD

The wave frame indicates intention of the price to move down. Correction in the form of a zigzag is over, but after that so far no clear movement took place.In the near future the pair can finally take impulse downward acceleration caused by formation of the wave 3 of downward momentum.

So far, it remains to wait and hold short positions open.

We are waiting for bearish miracle

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 .