Correction | 16 فبراير 2016
16 فبراير 2016, EUR/USD
As we expected, the pair is still going through correction, thus confirming the fact of completion of wave iii
At the moment, the situation is as follows: we assume that this correction is formed as the wave iv of the rising impulse .
It will be followed by the price movement drafted at the chart below.
Based on this, I don't recommend opening transactions now, though you can try to buy with a view to a local High with a Stop order based on the local Low.
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.
