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We expect an impulse decline of the pair

We expect an impulse decline of the pair | 23 April 2015

23 April 2015, USD/JPY

Not willing to start evolving of the wave [3] of descending impulse, the pair has been moving up slowly but steadily. In the result, Stop Loss on this pair has been achieved but there were no reasons to break wave scenario. Therefore, we opened Sell based on the same criteria. To sum up, in the nearest time we expect beginning of emergence of the wave [3] of descending impulse.

We expect an impulse decline of the pair

Vasiliy Lukin
FreshForex Analyst
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