manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Wait for decline

02 February 2016, USD/JPY

Wait for decline

4-hourly chart USDJPY. The pair couldn’t reach the level (6/8) and quit strong had a pullback down. Under this the 4-hourly supertrend line was broken, what says about trend dynamic loss. Now the price tests week supertrend lines, from which the pair can have a pullback up a bit, after this we wait for a further price decline.

Trading solutions: none.

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .