The first attempt of sales | 04 April 2016
04 April 2016, EUR/USD
At the moment, the situation for this pair is as follows.
It is possible that the pair grew boosted by a correctional model double zigzag.
High was updated, then, sellers made an attempt of the counter-attack, which was successfully countered.
However, bears are not going to give up, in the near future we expected an impulse drop of the pair.
For this reason, I opened a sell trade with a Stop order being set at the High, at the earliest opportunity I will transfer it to the breakeven zone.
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.
