Hunting for "short" trades | 25 أغسطس 2016
25 أغسطس 2016, EUR/USD
We expected that correction has been developing in the form of a zigzag and now it is over. At the moment the price is taking a run within the descending impulse wave 3. Thus, the observed situation remains bearish, so it is better to look closer to sales.
A good starting point a Sell pending order has been formed at the level of 1.1240.
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.
