02 March 2016, USD/JPY
Daily chart: strong resistance in zone of the middle Bollinger band (114.36). From this level pair could decrease to bottom line (110.33)
Н4: it is possible attack of buyers in 114.36 zone, but in whole we are expecting decrease to middle line (113.24)
Н1: local north direction is remaining but it is strong possibility of decreasing correction because of possible oscillator divergence.
Expectation: we are expecting growth to 114.36 (it could be high spike and prompt pullback) and then correction to 113.24.
Trading decisions: sell form 114.36 zone to 113.24 after we get signals.
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us