30 November 2016, USD/JPY
Daily chart: upper Bollinger band (115.48) is still current goal of bulls.
Н4: the pair is locally within horizontal flat corridor 111.58-113.80 (Bollinger envelopes range). ADX is passive, so we might as well presume that the specified corridor will be maintained today.
Н1: more localized flat corridor is 111.83-113.14. Here ADX potential is weak too. Key range of price rotation is middle Bollinger band (112.49)
Expectations: wait for continuing flat within the corridor 111.83-113.14
Solutions: trades within 111.83-113.14
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us