Correctional growth is expected to resume | 02 November 2015

02 November 2015, USD/JPY

So far, this pair also follows our scenario.

The pair is apparently traded in correction and now is supposed to finish the wave [b] of (ii).

So, if this assumption is correct, in the future we can expect growth due to development of the wave [c] of (ii).

Whe we receive the first signs of this movement, I will open a Buy trade.

So far, this pair also follows our scenario.

The pair is apparently traded in correction and now is supposed to finish the wave [b] of (ii).

So, if this assumption is correct, in the future we can expect growth due to development of the wave [c] of (ii).

Whe we receive the first signs of this movement, I will open a Buy trade.


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.
Vasiliy Lukin
FreshForex Analyst
Close
Login