Ascending scenario is still relevant | 21 December 2015

21 December 2015, EUR/USD

Considered scenario is still relevant .

Let me remind you that probably at the moment the development of the wave ii of emerging upward impulse is finishing.

Thus, in the near future an impulse move in the upward direction caused by formation of the wave iii is probable.

Based on these considerations, my Buy trades remain open , although we should not exclude that the correction will be deeper than at present.

Ascending scenario is still relevant


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
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