Sell from 120.12 | 26 August 2015
26 August 2015, USD/JPY
The daily chart: a massive downward swing has cover the entire range existed before. Surely we will need a rollback to continue. This pullback we will wait for the entry in the downward direction.
.png "Sell from 120.12")
H1 chart: local O&U with the entry zone 120.12. Potential for decline is about 200-300 points.
.png "ПSell from 120.12")
Scenarious: So, we expect a rollback to 120.12, from where we shall sell to 118.12.
Trading solutions:
1) Sell from 120.12 to 118.12
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.
