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.


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.
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