Time to buy is coming | 01 March 2016

01 March 2016, EUR/USD

Nothing new has happened about the considered pair, since was slowly creeping down, and continued to do it with just a slightly slower speed.

It is possible that a corrective reversal is brewing, or if we say even bolder: growth is possible linked to development of the wave [v] end of the final diagonal figure.

However, so far bullish determination does not manifest itself, so it's better to stay out of the market waiting for the first upward impulse wave.

Thus, in this situation, we wait for start growth and enter after correctional pullback

Time to buy is coming


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