Extensive Shadow | 30 نوفمبر 2016
30 نوفمبر 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
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.
