Decline will continue | 11 December 2015
11 December 2015, USD/JPY
This pair also sticks our wave scenario.
We assumed that by now formation of the fourth corrective wave in the wave iii is over.
Thus, the pair apparently will continue to decline which is caused by the wave iii of the downward momentum.
Therefore, I opened another Sell trade.
We assumed that by now formation of the fourth corrective wave in the wave iii is over.
Thus, the pair apparently will continue to decline which is caused by the wave iii of the downward momentum.
Therefore, I opened another Sell 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.
