Swing scenarios for yen | 09 November 2015

09 November 2015, USD/JPY

Daily chart: there is an upward swing and no any stop signal. The pair can increase for a long time. The main goal now to find new entrance with downward roll back.

Swing scenarios for yen

H1: the markets open with small gap (screenshot was made before opening). You had better wait for down swing. There is no other variants.

Swing scenarios for yen

Scenarios: so, in general, we wait for growth, but this structure needs a down swing. And today we will wait for this swing with optimal deep of 122.50 level. Trading solutions: 1) Keep opened buy orders 2) Add long orders at 122.50.

Aleksey Panasenko
FreshForex Analyst
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