Intraday decline within the Daily flat | 18 Abril 2016

18 Abril 2016, USD/JPY

Daily chart: the pair has reached a well-shaped flat horizontal corridor within the Bollinger envelopes (1.4015-1.4436) and passive ADX. Obviously, we can expect a rotation around the middle Bollinger band (1.4220) rather than "wall-to-wall" trading

Intraday decline within the Daily flat

Н4: a more localized flat range 1.4104-1.4272). Here we are confused with enhanced activity of ADX, that can create a strain on the support 1.4104.

Intraday decline within the Daily flat

Н1: also active ADX, we waiting for a breakthrough of the bottom envelope (1.4145) and then towards 1.4104.

Intraday decline within the Daily flat

Expectations: decline towards 1.4104 and possibly lower.

Trading solutions: sales to 1.4104. On weakening of the bears around ​​1.4104 and on Buy signal - we can try to avail from the upward movement to 1.4220

Aleksey Panasenko
Analista de la empresa" FreshForex
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.