There is a local trend potential | 25 سبتمبر 2015
25 سبتمبر 2015, USD/JPY
The daily chart: the pair was heavily bought from the bottom Bollinger abnd (119.06) and, given anticipated activity of ADX, it may surge to the top line (121.43)
.png "There is a local trend potential")
Н4: flat range 119.60-120.63
.png "There is a local trend potential")
Н1: trend activity from ADX and we interpret this as a bullish argument. In the event of a break above 120.44, it will be possible to buy on a pullback down to zone of the middle Bollinger band (119.86).
.png "There is a local trend potential")
Expectations: break above 120.44 and growth to 121.43. Purchases from the area of 119.86.
solutions:
1) Buying from 119.86 to 121.43
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
