It is time to open short positions | 20 أبريل 2016
20 أبريل 2016, EUR/USD
During the whole week the pair has been slowly growing, showing no impulse, which indicates corrective nature of growth.
The upward movement was boosted by the wave 2. < p> In the course of yesterday's trading, the corrective recovery took final form.
Thus, in the near future we aexpect resumption of impulse drop within the wave 3 of the downward momentum.
In this situation, it is necessary to try to open a short position, that, in fact, was done by me
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.
