Fence | 19 Agosto 2015
19 Agosto 2015, USD/JPY
The daily chart: accumulation continued in the range of the Bollinger envelopes (12336-125.00), which was predictable. Consolidation has been lasting for five days, so we expect that in coming days volumes will be distributed. ADX status(very sluggish) says that it will not happen today.
.png "Fence")
Н4: a tapering flat within the frames 124.22-124.49.
.png "Fence")
Н1: an absolutely identical picture.
.png "Fence")
Expectations: flat124.22-124.49
solutions:
1) "Fence". We shall skip this day.
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.
