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.

Bulls time to activate

Conclusion: Buy before 18:00. At 18:00 you can consider selling.

Бухонова Елена
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