Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

We are expecting exit from triangle into the fifth decreasing wave

17 March 2016, USD/JPY

JPY hasn’t missed the possibility and made positions more stronger.

It wasn’t so effective as EUR or GBP had and pair began to decreasing and stayed into the triangle.

It is possible that this will happen during this trading day and the price is continuing decrease according to the wave script.

It will happen because of forming [v] wave of decreasing impulse.

So we are waiting for future price actions. Opened deals are staying opened.

We are expecting exit from triangle into the fifth decreasing wave

Vasiliy Lukin
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.