Probably the fourth wave is generated in the form of a horizontal triangle | 23 Septiembre 2015
23 Septiembre 2015, USD/JPY
Probably the fourth wave is generated in the form of a horizontal triangle
In this pair nothing appears to be attractive for bulls.
The pair of actively continues to trade in the narrowing triangle, which is represented by the wave [iv] of the emerging wedge.
So, if this assumption is correct, in the future we can expect decline of the pair associated wiht the wave [v].
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Probably the fourth wave is generated in the form of a horizontal triangle
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.
