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

Correctional growth

08 April 2016, USD/JPY

This pair performed as we expected.

The pair continued to decline. This drop is likely to have the impulse character.

At this point, perhaps, the price has completed development of the wave iii of downward momentum.

The supposed wave [v] will take the shape of final diagonal triangle and then will move up under correction.

In the future, I expect a continued correction, which form will be more clear over time

Correctional growth

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .