It is time for bulls to move to actions | 02 October 2015
02 October 2015, USD/JPY
USDJPY H1. The price is very slowly moving toward the goal. Plan remains the same - growth with the first target at 121.09. Given the daily pivot point, today the price may exit the flat. Possible options: if the price moves up and reaches the level 121.09 ± 50 points, at 18:00 we should look for the entrance to the sales in the medium-terms. If the price moves down, from 18:00 we are to look for the entrance to purchase till October 7. The level for Buy is around 117.80.
Intraday reversals with H1 timeframe according to trading platform time of FreshForex: 10:00, 18:00.
Reversals of current week under H4 timeframe (numerology): September 29 at 16:00, 2 October at 20:00.
Reversals in current month: September 28, 29 in September, October 2, October 7, October 9.
All reversals listed in the review are assumed pivot points the dates may vary.
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Conclusion: Buy before 18:00. At 18:00 you can consider selling.
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.
