Third impulse wave is coming | 20 Juli 2016
20 Juli 2016, GBP/USD
The wave iii of [iii] of the downward momentum is expected to start developing - ie, elongation in the third impulse wave.
I've set a Sell pending order on the local Low, which has been successfully activated. Thus, in the near future, the pair is expected to continue impulse decline within the development of the wave iii of [iii] and sales seem to be the best solution for trading.
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.
