An ascending impulse will develop | 20 April 2016
20 April 2016, USD/JPY
The pair sticks to our wave scenario.
We assume that development of the descending impulse is over and currently observed growth of the pair is the start of a new wave frame.
So far, growth of the pair is seen as a rising impulse, which now completes formation of the first wave.
If this assumption is correct, in the future, after a brief and minor corrective decline, we expect a rapid impulse growth. < / p>
We can try to buy now by putting stop loss better on the Low
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.
