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.


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.
Vasiliy Lukin
FreshForex Analyst
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