An ascending impulse is still developing | 14 7月 2016

14 7月 2016, USD/JPY

We assume that at the moment the price is developing extension in the wave iii of the rising impulse. After a small correction boosted by the wave 2 of iii, the pair has started to growth once again. The price is likely to develop the wave, so there is a very good opportunity to capitalize on growth. The earlier open Buy trades are already in the black, so we can look for opportunities to open more positions.

Vasiliy Lukin
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