manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

Growth to 124.48 and downward correction

28 May 2015, USD/JPY

Daily chart: We have three bars outside Bollinger envelopes which brings market to correction.

Growth to 124.48

Н4: Bullish pressure 124.48 has been preserved (upper Bollinger band)

Growth to 124.48

Н1: Nipping of Bollinger bands prior to a possible impulse. Support is based at 123.41

Growth to 124.48

Expectations: Price will jumpt to 124.48 and decline to 123.41

Trading decisions:

1) Buy to 124.48

2) Sell from 124.48 to 123.41

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .