An ascending impulse is still developing | 14 Juli 2016
14 Juli 2016, USD/JPY
We assume that at the moment the price is developing extension in the wave iii of the rising impulse. After a small correction boosted by the wave 2 of iii, the pair has started to growth once again. The price is likely to develop the wave, so there is a very good opportunity to capitalize on growth. The earlier open Buy trades are already in the black, so we can look for opportunities to open more positions.
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.
