Still falling | 21 Juni 2016
21 Juni 2016, USD/JPY
Perhaps, within the wave iii of [c] the impulse is being formed, inside which the fourth wave is developing. If this assumption is correct, in the near future we can expect a deeper drop to complete the wave iii of [c]. But this downward movement will not be completed, because it needs two more waves iv and v of [c] of y.
Therefore, the sale is the best option.
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.
