End of 4th is near to new highs

15 Agu 2013

We are seeing now possible end of 4th major wave in uptrend. That 4th wave is completing as ABC correction with abc zigzag inside C. Hammer is forming at 4h interval. The key point is close to the 88,6% of 2nd major wave and the top of 1st wave. It's time to set long position with high Risk/Reward ratio. But if this level is going to be braked we will have a signal to short positions. Lets see...