22 January 2016, USD/JPY
The considered pair sticks to our scenario.
We assume that currently it is forming the wave iv of downward momentum.
Thus, in the near future, there is a high probability of resumption of decline caused by the wave v.
Based on these expectations, I opened a Sell trade with a relatively small stop.
The considered pair sticks to our scenario.We assume that currently it is forming the wave iv of downward momentum.
Thus, in the near future, there is a high probability of resumption of decline caused by the wave v.
Based on these expectations, I opened a Sell trade with a relatively small stop.