01 August 2016, USD/JPY

We assume that the considered pair has finished the development of a double zigzag, and at the moment the price is trying to resume an upward pulse movement boosted by the wave iii. Anticipating the third impulse wave, I opened a buy trade with a stop loss set just below local Low.The potential for upward movement is very good, so you should entering Buy trades.

Vasiliy Lukin
FreshForex Analyst
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