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South

South | 22 October 2015

22 October 2015, USD/JPY

H1 chart of USDJPY. The decline began, so we must be patient and monitor the price reaching the angle 1:1.

Intraday reversals with H1 timeframe according to trading platform time of FreshForex: all pivot points are not corrective, so we do not take them into account.

Reversals of current week under H4 timeframe (numerology): October 20 at 04:00, October 22 at 04:00.

Reversals in current month: October 2, 7, 9, 16.

All reversals listed in the review are assumed pivot points the dates may vary.

South

Conclusion: We are looking for the Sell entry points on pullbacks.

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