29 September 2015, USD/JPY
The daily chart: a downward swing required for a new start-up, lacks only one downward intersection and we are waiting for this intersection today. At the same time, bulls can not lose support 119.05
H1 chart: for more confident purchases, trading down-up-down is desirable. This will allow to filter out the upward signal better. But we are relatively close to the target, so an additional upward swing might not happen.
Expectations: decline to 119.41 and new swing up above 120.00
Trade solutions:
1) Buy from 119.41 to 120.00, 121.00 (extraday)