We are waiting for a signal | 28 July 2015
28 July 2015, USD/JPY
Daily chart formation of the downward swing continues. While we have no Buy signals, we are waiting for a further decline to the support area 122.45
.png "We are waiting for a signal")
Hourly chart: нисходящая структура, однако возможны два сценария. 1 - это локальный разворот вверх (для этого необходимо сохранить поддержку 123.00. 2 - a descending structure, but there are two possible scenarios. 1 - a local reversal in the upward direction (for that, the price needs to retain support 123.00. 2 - the price leaves under the level of support 123.00 and drops down to 122.45
.png "We are waiting for a signal")
Scenarios: 1) Growth in the case of the failure to break below 123.00 2) Decline in case of withdrawal under 123.00.
Тrading solutions:
1) We are waiting for a signal and act according to one of the above-mentioned plans.
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.
