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Looking for the upward entry points

13 July 2016, USD/JPY

Daily chart: after exit to the upper envelope, it is obviosly determined toward the upper Bollinger band (106.51)

Looking for the upward entry points

Н4: support is at the middle Bollinger band (102.17), from which the pair can be bought again. ADX is very active, so not for the fact that the correction will receive such a depth.

Looking for the upward entry points

Н1: a local horizontal corridor within Bollinger envelopes (103.95-105.42)

Looking for the upward entry points

Expectations: fall to 103.95 and then surge to 105.42

Solutions: purchase from 103.95 to 105.42

Aleksey Panasenko
Analyst of «FreshForex» company
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