The wave e of the horizontal triangle is expected | 27 Juli 2016
27 Juli 2016, GBP/USD
Current calmdown can anticipate the emerging strong movement. The scenario with formation of a horizontal triangle is still in effect. To complete this model, the pair needs growth that will form the final wave e of [b]. Therefore, in the near future we still expect an upward movement to the top of the triangle. My opened trade is still in operation and very soon we will know how it will be closed.
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.
