A double zigzag in the wave ii is nearing the end | 29 July 2016

29 July 2016, USD/JPY

The correction is taking a more complex shape than it was supposed to. So far, it reminds a Double Zigzag, inside which formation of the wave y of ii is over. But don't hurry with purchasess, it is better to wait for an upward exit of the price and after that try to make purchases, although a correctional model looks completely finished.

A double zigzag in the wave ii is nearing the end


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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