Fifth wave of the wedge is coming | 20 Juli 2016
20 Juli 2016, EUR/USD
The price is looking down, and this because of development of the final wave [v] of the wedge.
Earlier, I opened a Sell trade, and yesterday put up a pending order aimed to bearkthrough of the local Low, which has been successfully activated. Thus, in the near future we expected impulse drop of the pair to to continue within the above-mentioned wave model. The assumed goal - its bottom line, although it is possible that the price will not reach it with a little space remaining to do that.
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.
