26 May 2016, EUR/USD
The pair suspended its downward movement and glanced up.
Probably, extenxion in the third wave of the downward momentum has been finally formed.
Thus, in the future, a slight correction is expected, whereupon drop will be resumed.
However, entering now is very dangerous, so it is better to wait for completion of the wave ii of thedownward momentum.
I closed my Sell trade, because of a possible strong upward movement within the frames of correction.