Double Zigzag continues its formation | 20 يونيو 2016

20 يونيو 2016, USD/JPY

In the near future, we obviously waiting for continuation of decline of the pair within the borders of the wave y of the emerging double zigzag.

Thus, opening short positions is still a relevant trading solution, but don't forget about protective stop loss orders.

Double Zigzag continues its formation

In the near future, we obviously waiting for continuation of decline of the pair within the borders of the wave y of the emerging double zigzag.

Thus, opening short positions is still a relevant trading solution, but don't forget about protective stop loss orders.

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.

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Vasiliy Lukin

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