Impulse growth can start | 07 July 2016
07 July 2016, USD/JPY
A corrective decline in the form of double zigzag seems to be completely finished. At the same time, the final wave has taken the shape of the final diagonal triangle, which enhances the bullish signal. However, for a more secure entry, we should wait for the directional upward price movement, better a new local High. So far, this has not happened and we stay out of the market and wait patiently.
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.
