30 July 2015, USD/JPY
Daily chart: the price has closely approached to the latest top (and strong resistance zone) - 124.47. Here we have absolutely equally probable scenarios of an attack in the upward direction and a downward pullback. We shall wait for a better clarity.
Hourly chart: an awkward upward swing gives us a bullish market. This, it is reasonable to wait for the downward swing and occurence of Buy signal on its end.
Scenarios: So, we are waiting for a downward pullback to 123.70 and a new upward swing shaped to attack 124.47.
Trading solutions:
1) We are waiting for a buy signal in the area of 123.70