In anticipation of a reversal | 08 Juli 2016
08 Juli 2016, USD/JPY
The current wave frame is favorable for the upward impulse. So far, there is no evident bullish wave, so entering the market is not worth. It is better to wait for the clear impulse wave and on correction either open Buy trades or set a pending Buy Stop order at the local High around 101.70
The current wave frame is favorable for the upward impulse. So far, there is no evident bullish wave, so entering the market is not worth. It is better to wait for the clear impulse wave and on correction either open Buy trades or set a pending Buy Stop order at the local High around 101.70
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.
