Is a corrective growth coming? | 01 June 2016
01 June 2016, EUR/USD
So far, my assumption about the impulse in the form of the wave i, has been fully confirmed. The price froze, probably getting ready to start to grow within the frames of correction. However, US dollar has not allowed bulls' plan yet .
It is possible that growth will happen in the near future, so there is a good chance to open a very safe Buy trade with a Stop Loss set at a local Low. As you can see from the chart below, the potential loss is very small against the potential profit.
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.
