Goal on correction has been reached, decline is to be resumed | 29 يوليو 2016
29 يوليو 2016, EUR/USD
Euro could reach the intended goal of correction at the top of the wave [iv], which apparently took the form of a Triple Three figure. Thus, decline is to be resumed, but the wedge lacks the final wave [v]. The price has bounced off this line, but it is not in a hurry to move down. Based on this assumption, I've set sell pending order on a local Low. Now, it remains to wait for further price movement.
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.
