16 October 2015, USD/JPY
The daily chart: having denoted their determinationto move the price to the south, bears however, had to reckon with the rules of working with Bollinger breakouts - namely, tendency to return to the middle lane. In this case - 119.85, where we will sell the next week towards 116.00
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Н4: intermediate resistance lies at 119.34 (middle Bollinger Band). The decline may begin here. However, we must keep in mind 119.85 zone as well, which is ruled by the daily frame.
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Н1: active ADX, so we will be based on the movement to a higher point (119.85)
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Expectations: rise to 119.85, where to begin intensive mid-term decline
solutions: 1) Purchases to 119.85 2) Sales from the range 119.85 to 116.00 (in the medium run).
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