Forex news.
At the beginning of American trading session at FOREX market EURUSD currency pair has turned to correction to entire bullish trend of h4 wave level.
According to the specialists of the System of Early Prediction Sub-department within Masterforex-V Trading Academy, the course of events during one session is better observed within timeframe m15. The timeframe clearly shows “ABC” structure, the last wave of which bears strong impulse nature. This feature of wave “C” is to be kept, keeping in mind that wave “C” and wave “C” of “ABC” structure as one of the types of wave analysis are not always the same.
