Reaching downward reversal | 05 Diciembre 2016

05 Diciembre 2016, USD/JPY

Daily chart: there is a downward correction potential in direction of middle Bollinger band (109.56), although those, who seek reversal should be careful - upper line 116.71 is still to be touched.

Reaching downward reversal

Н4: the price is locally in horizontal corridor 112.19-114.93 (Bollinger envelopes range). There is also bear oscillator divergence, that means the end (or exhaustiveness) of uptrend and bullish pressure.

Reaching downward reversal

Н1: ADX is growing but still weak, though current movement looks like a downward one. Resistance level is on the middle Bollinger band (113.80)

Reaching downward reversal

Expectations:

Core scenario - flat in 113.50-113.80

Alternative scenario - drop towards 112.19.

Solutions: sell around 113.80 in direction of 112.19.

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus