Correctional decline is coming | 03 May 2016
03 May 2016, EUR/USD
Euro continues to grow actively moving higher and higher.
Let me remind you that probably in this moment we wintess formation of the fifth wave of the diagonal triangle, which is likely to take the form of a Double Zigzag.
If this assumption is true, in the future we expect a continued growth in the form of the figure "three". To make the picture complete, the market lacks another zigzag.
So, after a corrective pullback, we should look for Buying opportunities, but should be careful, because in this case, a rising wave will be the final wave
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.
