Zigzag is about to be over | 26 Julio 2016
26 Julio 2016, USD/JPY
My assumption on the third wave of zigzag was fully confirmed. My Sell trade has brought me profit. It is quite possible that the price will continue to decline, but the decline is likely to be short-term, because the third ascending impulse wave is brewing. Now we need to wait when the price turns around and starts to grow; then we'll look for the opportunities to open buy positions.
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.
