In the event of a rollback to 123.70 we should sell | 28 July 2015

28 July 2015, USD/JPY

Daily chart : the middle Bollinger band (123.14) is being tested and, apparently, decline to the bottom band (121.36) will continue

In the event of a rollback to 123.70 we should sell

Н4: a purely bearish configuration. There is a possibility of preliminary movement to the middle band(! 23.70), but this is the limit

In the event of a rollback to 123.70 we should sell

Н1: as we see,the limit level here is 123.40 (the upper Bollinger band)

In the event of a rollback to 123.70 we should sell

Expectations: So, we wait an the overall decline to continue, but today a local correction to 123.70 can take place

Trading solutions:

1) We are waiting with sales in the area of ​​123.70

Aleksey Panasenko
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus