Development of a horizontal triangle is about to be over | 28 Juli 2016
28 Juli 2016, GBP/USD
At the moment, the pair is growing, which is accossiated with development of the final wave e of [b]. So in the future, when the price reaches the target - the top of the triangle - we should start to look closely to sales, because in the future impulse drop of the pair is likely.
At the moment, the pair is growing, which is accossiated with development of the final wave e of [b]. So in the future, when the price reaches the target - the top of the triangle - we should start to look closely to sales, because in the future impulse drop of the pair is likely.
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.
