Has the price started the wave [b]? | 27 Octubre 2015

27 Octubre 2015, USD/JPY

The dollar was actively strengthening, but in the past few days it ran out of gas.

Bears decided to take na advantage pushing the price down a little.

It is possible that this drop is only caused by beginning of the wave [b] of (ii)of the an assumed zigzag.

So, if this assumption is correct, in the near future we can expect the price movement in the form it is shown on the chart.

 Price start forming wave [b]?


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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