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The triangle is about to complete

The triangle is about to complete | 25 September 2015

25 September 2015, USD/JPY

All the last trading day, the pair has spent in the range of emerging convergent horizontal triangle.

In order to finalize and adopt the final form of this model, it lacks the final wave e.

It is possible that today the price would form this wave, and this in turn means that in the future we are waiting decline of the pair which is due to development of the wave [v].

The triangle is completed.

Vasiliy Lukin
FreshForex Analyst
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