Buy, buy, buy ... | 07 أبريل 2016
07 أبريل 2016, GBP/USD
Our wave model on this pair has slightly changed.
We assume that yesterday's trading had completely formed zigzag was in the form of the linking wave [x].
Immediately after an abrupt decline, the pair started to skyrocket and played this movement back by dropping.
We assume that the ascending impulse was formed within development of the wave [y] of the supposed double zigzag.
The upward potential looks very good. So I have reopened a Buy trade. The previous Buy trade of minde was closed by protective stop under a sharp decline of the price.
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.
