Fifth ascending impulse wave | 26 February 2016
26 February 2016, EUR/USD
Bears did not manage to push the price below a critical level, was is also the level of support.
The price started to rebound, and at present it may be the wave v of the rising impulse.
Anticipating this wave, I opened a Buy trade.
I will have to use a trailing stop, as there are doubts about the goals of growth of the pair.
Thus, in the near future we expect growth of the pair within borders of the wave v of an upward impulse.
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.
