1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Temporary Recovery Is In Motion, More Weakness Could Follow Quickly

Discussion in 'Technical Analysis' started by Kaitlin, May 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The only surprise today is to see GBP higher, but because of five waves down from 1.4663 high we see current rally to 1.4550 as temporary and short-lived recovery. Ideally that's a sharp wave 2 that may turn down very soon since price already touched resistance of a former wave[​IMG]

    Continue reading...

Share This Page