23 September 2015, USD/JPY
Probably the fourth wave is generated in the form of a horizontal triangle
In this pair nothing appears to be attractive for bulls.
The pair of actively continues to trade in the narrowing triangle, which is represented by the wave [iv] of the emerging wedge.
So, if this assumption is correct, in the future we can expect decline of the pair associated wiht the wave [v].
Probably the fourth wave is generated in the form of a horizontal triangle