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The bullish scenario remains relevant

The bullish scenario remains relevant | 18 July 2016

18 July 2016, USD/JPY

At the moment the price is developing the wave 3 of iii of the upward impulse. Therefore, purchases are still relevant, although my trade was knocked out. Entering now seems risky, so you should wait when the situation will be more or less clarified, either set a pending order at High.

The bullish scenario remains relevant

At the moment the price is developing the wave 3 of iii of the upward impulse. Therefore, purchases are still relevant, although my trade was knocked out. Entering now seems risky, so you should wait when the situation will be more or less clarified, either set a pending order at High.

Vasiliy Lukin
FreshForex Analyst
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