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
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.