14 August 2015, USD/JPY
Daily chart: the pair entered the flat corridor 123.36-125.00, and we can’t ignore the northern direction of the pressing.
Н4: the local tend to the decline till 123.90 (the bottom Bollinger band)
Н1: very narrow corridor 124.33-124.49. It is not clear how the pair will stay in such narrow corridor but the ADX state shows it.
Expectations: either we will see the narrow flat 124.33-124.49, or the pair will go down to 123.90.
1) Miss this day till tomorrow or monitor for the probable signal to buy from 123.90.