In confusion | 05 اكتوبر 2015
05 اكتوبر 2015, USD/JPY
The dollar seemed to have started strongly to give ground, making the first steps to develop the wave [v], but something went wrong, making the price return to the starting point.
Such behavior may signal that the pair is not allowed to move down, and therefore it is more likely to begin the upward movement.
However, until that happens there is a chance for our scenario, so my transaction for the sale remain open.
It is also worth noting that the market currently is very dangerous, so we are just watching the market.
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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.
