Rollback and a new wave of growth

16 February 2016, USD/JPY

Rollback and a new wave of growth

The four-hour chart of USD JPY. The pair continued an upward movement. To date, the price stood between the levels and now it is possible to expect a local down downward rollback hitting the four-hours SuperTrend line, from where we can expect a new ascending wave targeting the level (2/8). This option will be canceled by breakdown of the four-hours Supertrend line downward

Trading solutions: Make purchases from the four-hours SuperTrend line

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Log in
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 .
manager photo manager photo
We will be pleased to answer any questions you may have


Get bonus