Wedge has been formed! | 21 August 2015

21 August 2015, EUR/USD

Wedge has been formed!

In the previous review we indicated likelihood of the wedge represented by the wave [i] of (iii).

At the moment, with a greater degree of certainty we can say that this model has been fully developed taking the form of a converging triangle.

So in the future we obviously expect a corrective pullback caused by the formation of the wave [ii].

 Wedge formed! Wedge has been formed!


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.
Vasiliy Lukin
FreshForex Analyst
Close
Login