A deeper drop | 07 أبريل 2016
07 أبريل 2016, USD/JPY
The pair started to justify the hopes I laid on it and continued to decline under the downward momentum.
The price has updated the Low and now, probably, we witness development of the wave iii of [v] of the descending impulse.
Now the momentum does not look finished, so I expect that the price will continue to move in this direction.
My opened Sell trade has already turned into the black and now I can safely observe intricacies of the pair. < p> In the future, I may openanother Sell trade, as the potential of the movement seems to be very good.
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.
