20 January 2016, USD/JPY
Daily chart: finalization of the bottom Bollinger band (116.08) is still possible
Н4: flat horizontal corridor 116.80-118.30
Н1: intermediate resistance 117.68 (middle Bollinger Band). From it the pair will either move to the bottom band (117.31) or will finalize the upper band (118.08).
Expectations: 1) A downward pullback to 116.31. 2) On a break above 117.68 - growth to 118.08
Trading solutions: waiting for a signal and to enter along its side according to one of the scenarios