Quotes Aluminum traded at 1625, currently retained potential for further drop in prices to below the level of 1530 in the framework of the descending pattern Wolfe waves. However, it is not necessary to exclude the field test at the level of 1645 for the completion of the formation of the right shoulder forex head and shoulders pattern, and then is expected to accelerate in the aluminum prices.
Analysis and forecast Aluminum on August 29, 2016 — September 2, 2016
Cancellation option will be the fall of quotations strong growth and the breakdown of the area above the level of 1695 will indicate that the abolition of Wolfe wave model and the potential growth further up.
Analysis and forecast Aluminum on August 29, 2016 — September 2, 2016 suggests an attempt to fall within the framework of completion of work bearish wave Wolfe for the purpose of falling below the area in 1530.