Correctional growth | 08 February 2016

08 February 2016, USD/JPY

Avalanche of sales began and having reaching the Low, it ceased.

The price has formed a very good point to start a corrective growth, which supposedly begins its development.

For this reason I opened a Buy trade, with a small Stop Loss as compared to a possible profit .

Thus we expect a correctional growth of the pair caused by development of the wave ii

Correctional growth


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
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