Expecting the wave ii to develop | 23 May 2016
23 May 2016, USD/JPY
Although the impulse structure looks fully completed, buyers can make an unexpected surge, thereby having knocked the first sellers out. For this reason, I would recommend to wait with Sales or until the situation becomes even more clear.
I am still stick to the plan with development of the ascending impulse, which currently starts development of the correctional wave ii
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.
