manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

An ascending impulse will develop

20 April 2016, USD/JPY

The pair sticks to our wave scenario.

We assume that development of the descending impulse is over and currently observed growth of the pair is the start of a new wave frame.

So far, growth of the pair is seen as a rising impulse, which now completes formation of the first wave.

If this assumption is correct, in the future, after a brief and minor corrective decline, we expect a rapid impulse growth. < / p>

We can try to buy now by putting stop loss better on the Low

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