25 September 2015, USD/JPY
The daily chart: the pair was heavily bought from the bottom Bollinger abnd (119.06) and, given anticipated activity of ADX, it may surge to the top line (121.43)
Н4: flat range 119.60-120.63
Н1: trend activity from ADX and we interpret this as a bullish argument. In the event of a break above 120.44, it will be possible to buy on a pullback down to zone of the middle Bollinger band (119.86).
Expectations: break above 120.44 and growth to 121.43. Purchases from the area of 119.86.
1) Buying from 119.86 to 121.43
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