Buy on bounces

26 May 2015, USD/JPY

26 мая 2015, USD/JPY

Daily chart: no comments. Growth presents here.

Buy on bounces

Н4: Growth is supported by fire from all guns. One can join this movement on bounce.

Buy on bounces

Н1: the best possible area of bounce - 121.63, but it is a big question whether it will be as deep.

Buy on bounces

Expectations: an active phase of growth will take a few days, so we must look for chances to buy as the price decides to bounce down.

Trading decisions:

1) Catch the pair lower (the best possible area is 121.63) and buy.

Aleksey Panasenko
FreshForex Analyst
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