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Perhaps, 3rd wave of descending impulse is being formed

Perhaps, 3rd wave of descending impulse is being formed | 06 July 2016

06 July 2016, EUR/USD

The price went not so far away, so there is still potential for a deeper downward movement. To open more tradess, the price should update its Low, as it will boost a further movement of the price down.

To enter the market, you can use a pending Sell Stop order.

The price went not so far away, so there is still potential for a deeper downward movement. To open more tradess, the price should update its Low, as it will boost a further movement of the price down.

To enter the market, you can use a pending Sell Stop order.

Vasiliy Lukin
FreshForex Analyst
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