Chances to get 5th wave of the wedge | 15 أغسطس 2016
15 أغسطس 2016, EUR/USD
Euro is trying to consolidate, but bears, in their turn, restrained the attack at least once. In the end, one of the parties will get bored and the price will make a strong movement. The situation tends to be bearish. In addition, the wave frame still has a chance to get the diagonal triangle, which lacks the final wave [v]. Therefore, expectations for this pair remain bearish, and I have re-opened a Sell trade.
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.
