Bank of America Rises Inside Impulse Waves
Bank of America yesterday rose strongly inside impulse wave (iii) – which belongs to the minor impulse wave 5 from the middle of November. The active impulse wave 5 started when the price reversed up from the support zone lying between the support level 17.00 (previous downward target set for this instrument) and the 38.2% Fibonacci Correction of the previous upward impulse from October. Bank of America is likely to rise further inside the active impulse waves (iii), 5 and (3) toward the next major resistance level 18.20. Strong support remains at 17.00.
Tags : forex bonus without deposit Forex Broker forex broker bonus forex learn forex learning forex learning pdf forex tutorials for beginners pdf how to trade forex for beginners pdf learning forex trading pdf