Log in

A continued correction

04 July 2016, USD/JPY

I assume that correction in the form of a Double Zigzag has been completed for this pair. The final wave [c] of y is very similar to the final diagonal triangle, which anticipates a strong movement. However, so far this movement is not observed. So we are waiting patiently for the beginning of the movement of the price, and then will join it.

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.