23 July 2015, USD/JPY
Daily chart:a short swing to the bottom has already been formed and we can treat it seriously only if the price moves above the last Top (124.47, blue arrow). Now this swing can deepen.
Hourly chart: similar. Breakthrough above 124.14 would manifest bulls' potential.
Scenarios: Good chance for bulls, first they need to break 124.14 and then 124.47.
Trading decisions:
1) We shall buy and keep .