Forexpamm

EUR/USD. Reduced in the diagonal.

The pair of consistent situation continues to develop within the framework of the previously reality scenario. It is worth recalling that at the moment, probably, the formation of the initial diagonal triangular, which is the first wave of 3 of III, is the formation of the initial diagonal.

to complete the specified model, the development of two waves is necessary: ​​one down corrective and the second up is the final. At the moment, a decrease is expected for the purpose of the lower forming.

Thus, the conclusion of transactions for sale looks preferred trade decision.

Investment idea: Sell 1.0500, Stop Loss 1.0520, Take Profit 1.0400.