Impulse up is about to occur | 22 اكتوبر 2015
22 اكتوبر 2015, GBP/USD
In this pair nothing interesting is going on as well.
The price is obviously in the flat caused by formation of the assumed wave [ii] of the emerging upward impulse.
In this situation, it is hard to say exactly where formation of the mentioned corrective wave will complete. Idecided to take help of a pending buy stop order set on High to avail from beginning of the impulse of growth within development of wave [iii].
Thus, it is safe to enter on gaining momentum.
.png "The momentum up is about to ripen.")
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.
