11 Enero 2017, USD/JPY
Daily chart: lower Bollinger band (115.26) seems to be still under pressure but ADX is not ready to break it yet. So rebound to the upside is expected.
Н4: we are observing a general rise of lows, that may be a signal of ramping up upmove potential. ADX here is active, so price shift are likely in short term.
Н1: bullish Over&Under pattern, which is the subject of discussion for several days already, is being reluctantly tested but it is still strong because lows and stop level of 115.05 are not broken yet. ADX here is weak, so the pair might rise slow.
Expectations: rise to 116.24, 116.89 and 117.42 (these targets may be touched on the following day)
Solutions: consider buying towards 116.24, 116.89, 117.42
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