Trying to sell carefully | 01 July 2016
01 July 2016, EUR/USD
An impulse drop of the pair is a most likely option, which is associated with formation of the extension in the wave iii. In this regard, we can sell carefully with the Stop Loss set at the local High. As the pair will drop, decrease, on update of Low we can open additional Sell trades with pulling the protective order.
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.
