Target of correction - 119.84 | 22 May 2015
22 May 2015, USD/JPY
22 of May, 2015, USD/JPY
Daily chart: Yesterday we have received Inside Bar. That makes a bounce more significant than we though it would be yesterday. Goal for decline is the middle Bollinger band (119.84)
.png "Цель коррекции - 119.84")
Н4: Control support is based at 120.74. Break of this support will open a way to 119.84.
.png "Цель коррекции - 119.84")
Н1: Bearish pressure is strong.
.png "Цель коррекции - 119.84")
What we expect: A decline to 119.84, from where we buy the pair with the targets on new daly Highs.
What we do:
1) Sell to 119.84
2) Once the price hits 119.84, we shall buy.
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.
Aleksey Panasenko
Analista de la empresa" FreshForex
Iniciar sesión