Moving down | 13 July 2016

13 July 2016, EUR/USD

We'll see a continuation of the impulse drop of the pair caused by formation of extension in the wave iii. Thus, it is necessary to try to open additional Sell trades. To do this, we can use Sell pending orders. However, in any case, we should not forget about the protective Stop Loss order.

We'll see a continuation of the impulse drop of the pair caused by formation of extension in the wave iii. Thus, it is necessary to try to open additional Sell trades. To do this, we can use Sell pending orders. However, in any case, we should not forget about the protective Stop Loss order.
Vasiliy Lukin
FreshForex Analyst
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