The wave [v] is developing | 04 August 2016
04 August 2016, EUR/USD
The correction formed as the wave [iv], took the form of a plane, which explains structure of the impulse wave within the wave [iv]. Thus, in the near future, we expect an impulse decline, during which the final wave [v] of the wedge will be formed.
My previously opened Sell trade has already turned into the black, so after a small correction I'll try to open another trade.
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.
