Consider Trading from 110.30 and 111.10 | 07 Abril 2017
07 Abril 2017, USD/JPY
Daily chart: flat continues within lower Bollinger envelope (109.11-112.11). ADX is not active but watching the market closely.
Н4: flat corridor is within Bollinger bands range (110.30-111.15). ADX parameters are changing, so the pair is not likely to leave the specified corridor.
Н1: there is a valid flat corridor of 110.30-111.10 (Bollinger envelopes range).
Expectations: price rotation within 110.30-111.15.
Trading signals: consider trading from level of 110.30 and 111.10.
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.
