Fifth ascending impulse wave | 26 فبراير 2016

26 فبراير 2016, EUR/USD

Bears did not manage to push the price below a critical level, was is also the level of support.

The price started to rebound, and at present it may be the wave v of the rising impulse.

Anticipating this wave, I opened a Buy trade.

I will have to use a trailing stop, as there are doubts about the goals of growth of the pair.

Thus, in the near future we expect growth of the pair within borders of the wave v of an upward impulse.

Fifth ascending impulse wave


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.
Vasiliy Lukin
محلل شركة FreshForex
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