A continued development of the fifth wave | 15 October 2015
15 October 2015, EUR/USD
The scenario providing development of the final wave (v) of the assumed wedge is implemented very successfully.
The euro felt the taste of victory and is steadily getting stronger, obviously not intending to stop at this point, and potential of movement is still there.
But before that, we can expect a small corrective pullback, so entering or adding new Long positions now is too early, it is better to wait a bit.
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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.
