Preparing to growth to 102.20 | 22 أغسطس 2016
22 أغسطس 2016, USD/JPY
Daily chart: an ongoing upward correction in the form of a rollback in the direction of the middle Bollinger band (102.20), from where a new medium-term decline towards 98.46 (the bottom Bollinger band) is expected to start.
Н4: some bullish pressure, which is correlated to expectation of growth to 102.20
Н1: trading within the upper Bollinger envelope (100.42-100.97) before growth.
The main scenario - flat 100.42-100.97
The alternative scenario - an upward move towards 102.20
Trading solutions: purchase from 100.42 to 102.20 (extraday)
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.
