Corrective drop | 30 مارس 2016
30 مارس 2016, USD/JPY
Probably, this decline means beginning of correction, which is likely to take the form of a simple Zigzag.
In this situation I would not recommend to trade, because at any moment movement can bring unexpected surpsises and assumed corrective decline may lead to impulse growth and leap.
Thus, in the near future we expected development of correction, and then, probably, the pair will resume the upward movement in the form of a impulse, but we may not exclude a further drop of the pair
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.
