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Decline

19 January 2016, USD/JPY

Decline

The four-hours chart of USDJPY . The price has approahced the four-hours' SuperTrend line and now we are waiting when the price prices will bounce down off this line. Target for decline is the level (2/8). This option will be canceled if the pair consolidates above the four-hours SuperTrend Line. In this case, we expect the price on the Day line of SuperTrend.

Trading Solutions: sales from the four-hours Supertrend Line

Nikolay Krishtopov
FreshForex Analyst
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