Pair is confusing traders. | 23 مارس 2016
23 مارس 2016, USD/JPY
There is no pleasant situation on pair USD/JPY.
Pair had renewed minimum and stopped decrease.
So decrease impulse could be finely formed with very short five wave.
But it looks very unbelievable and pair has potential for continuing decrease.
I have set pending order sell stop to minimize loses and get profit. And now if pair decided to decrease and formed five impulse wave we can make profit on this.
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.
