Development of the wave (iv) is over | 12 October 2015
12 October 2015, EUR/USD
The horizontal triangle which had been developing as the wave (iv) of the wedge has been supposedly finally formed.
This is evidenced by exit of the price up beyond the generating lines.
So, formation of the wave (v) has started and its development will continue further.
Potentially, the upward movement is expected above the wave (iii), therefore, on this movement you can make good money.
.png "The development of wave (iv) is completed.")
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.
