Zigzag is almost ready | 01 Februari 2016
01 Februari 2016, USD/JPY
There is allegedly a continued development of a zigzag in this pair, which is formed as a [ii] wave. To form this wave the price is needed a little growth, which forms a [ii] wave. That’s why in near future, there will appear a little growth, after which the pair goes downwards again in the framework of this downward momentum.
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.
