manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Sell from 111.49

30 May 2016, USD/JPY

Daily chart: the pair is very close to trend impulse distribution. Such a scenario will be activated immediately after break of resistance 111.49 (upper Bollinger band) - ADX is very aggressive

Sell from 111.49

Н4: many bars outside of the envelope - a correctional karma. We are waiting for a downward rebound off resistance 111.49 and delay of the upward movement till tomorrow. Support is at 110.33 area (middle Bollinger band).

Sell from 111.49

Н1: we confirm resistance in the zone of 111.49 (the upper Bollinger band) and drop as the main scenario

Sell from 111.49

Expectations: So, we are waiting for finalization of the area 111.49 and then fall to 110.32 .

Trading solutions: sell from 111.49 to 110.32

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

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

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .