07 July 2015, USD/JPY
By all appearances, descending impulse is emerging for this pair in accordance with the schemes 1-2, 1-2.
At present, the waves  -  and 1-2 has been supposedly shaped which points out a durable movement in future cause each of these series is a full impulse.
In our case we deal with bearish impulses!
Now we have to open a short position and monitor a further development.