The fourth corrective wave is still developing | 02 سبتمبر 2015
02 سبتمبر 2015, USD/JPY
No significant change impacting on the wave frame happened here.
The pair still continues to be traded within the frames of development of the wave [iv] of a presumably emerging wedge.
So, if this assumption is true, in the near future we expect growth to the upper line of the alleged wedge. Based on these expectations, I opened a deal.
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The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
