Development of a third pulse wave is expected | 07 سبتمبر 2015
07 سبتمبر 2015, EUR/USD
Bears failed to develop their success and a further decline of the pair did not happen.
On the contrarym the price started to grow, which may indicate a resumption of the upward movement.
It is possible that formation of zigzag was completed along with development of the wave [ii] of the rising impulse.
So, if this assumption is true, soon we expect growth caused by the wave [iii]. Based on this assumption, I opened Buy trade.
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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.
