Growth is inevitable | 10 May 2016
10 May 2016, USD/JPY
Our assumptions about the final diagonal triangle turned out to be fully justified.
US dollar quickly surged, the Japanese currency almost did not resist. It may be the start of the upward momentum.
In this case, there is a very good opportunity to open Long positions, which would be a sin not to use. Growth of the past trading day provided an opportunity to transfer my trade into the black, so I may try to add another trade in the framework of this rising scenario
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.
