27 Junio 2016, USD/JPY
Daily chart: expansion of the bottom envelope can be a sign of a new drop. At the same time, a rollback to the middle Bollinger band (106.35) seems to be appropriate.
Н4: a much better shaped resistance 104.17 (middle Bollinger band).
Н1: clamping of the pair within Bollinger envelopes (100.59-104.17). ADX has not reached the trend of value yet, but it is growing. Therefore, purchase is not considered
Expectations: drop to 100.59
Solutions: sell to 100.59