New wave is coming | 22 April 2015
22 April 2015, USD/JPY
Expectations on this pair are still the same. I remind you that supposedly a final inclines triangle has finished its formation in the wave v of the upcoming impulse. After that, a drop was recorded which is obviously a wave [1] of emerging descending impulse. At the present moment, correctional wave is supposedly finishing its formation [2]. So, if this assumption is correct, we will face a strong impulse of decline of the pair which is explained by emergence of the wave. It will take place within the shortest time [3].
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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.
