27 May 2015, USD/JPY
Daily chart: A massive breakthrough of the upper envelope. We are waiting for retest of the middle Bollinger band (120.40) and growth to new Highs.
Н4: Support is better shaped here 121.92 (the middle Bollinger band)
Н1: Today it is a flat within 122.68-123.24
Expectations: Decline to 122.68and growth to 123.24
Trading decisions:
1) We buy from 122.68 to 123.24