The fourth wave continues its development | 28 January 2016
28 January 2016, USD/JPY
This pair shows no changes.
We assume that correction is still being formed caused by development of the wave iv of downward momentum.
In the near future we expect resumption of decline, which will develop the wave v.
In this situation, you can try to sell gently with Stop order set at a local High.
This pair shows no changes.
We assume that correction is still being formed caused by development of the wave iv of downward momentum.
In the near future we expect resumption of decline, which will develop the wave v.
In this situation, you can try to sell gently with Stop order set at a local High.
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.
