Bullish momentum is coming to the end | 24 8月 2015

24 8月 2015, USD/JPY

In this pair I would also like to check daily chart.

The following screenshot, perfectly visible, shows the upward momentum with the wave (iii).

This momentum has been emerging already from the end of October 2011, ie, the movement has been lasted for nearly 4 years!

It is the time to take a break and give an opportunity to bears to show themselves!

Wave frame tells about this possibility, cause now the wave [v] of (v) in the form of the diagonal triangle is probably being formed.

To complete development of this model, it lacks the final bullish wave, which development is expected in the near future.

upward momentum is close to completion.

Vasiliy Lukin
FreshForex公司的分析员
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus