We assume that development of the fourth wave is over | 21 اكتوبر 2015
21 اكتوبر 2015, USD/JPY
We assume that development of the correctional wave iv of [v] on this pair is over.
Though this wave did not take the forms we expected it to have, and by its nature it more resembles the upward momentum, I still think, that at the moment its development is over.
So, if this assumption is correct, in the near future we can expect resumption of decline of the pair due to development of the wave v of [v].
.png "Presumably completed the development of the fourth wave.")
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.
