We are waiting for bearish miracle | 30 August 2016
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.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
